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Mike Munger - What’s Wrong With Anti-Trust and Industrial Policy?

The Curious Task

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Industrial Guard Rails

Political left and right in the united states seem to wheezle around industrial policy. But ultimately they're talking about setting up certain guard rails and guide lines, aboosd here and there. The difficulty that i see is that nobody knows enough to choose an industrial structure. And the other is the public choice problem, where political incentives do not line up with the common good.

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