What You Need to Know About the Defense Production Act and the Baby Formula Shortage

May 19, 2022

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5-15 mins
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Presented by The Conversation

In an article for The Conversation, Erik Gorden, professor of business at Michigan Ross, explores the history and use of the Defense Production Act. The faculty expert provides historical and economic context, explaining the circumstances under which Congress passed the act in 1950 and its various applications throughout US history. Gorden also provides insights on the current application to the baby formula shortage, suggesting that when presidents invoke the act, it is more for political than practical reasons. 

 

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