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3min chapter
Semiconductors: The Geopolitics of the New Oil
Patrick Boyle On Finance
Government Subsidization and the Importance of Government Intervention
The Western approach which can look messy at times allows the marketplace to determine winners and losers rather than government officials. Government policymakers have no special insights that allow them to allocate capital more efficiently, writes Andrew Keen. When a government decides to help one business or industry, this puts other businesses and industries at a disadvantage, he says.
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