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Is Technological Progress Good For Everyone? With Daron Acemoglu
Capitalisn't
The Role of the Government in Incentives for Innovation
A lot of the innovation that we see throughout history, and even today, is for military purposes. So can we trust the government to use innovation in the right direction or isn't actually all distorted? That's a great question, Luigi. And that may be just one of these lucky things that Bethany and I were talking about a moment ago. The episode shows that government involvement can be okay as long as it is not micromanaging it too much.
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