Technology,industry, and the question of national policy

This paper examines the need for national legislation to guide technological development in the United States. It describes the breadth to which federal governmental policy already affects U.S. industrial growth and the ways this involvement inhibits the U.S. productive capacity. Two contributing factors, problems at the government—industry interface and failures in the U.S. educational system, are discussed. It is concluded that the U.S. has already, through copious legislation and bureaucratic excesses, diluted the strength of its technological and industrial growth. It is also concluded that the college of technology, a relatively new institution in the U.S. educational system, is the correct source of guidance for technological and industrial development.