From Libertarian Beliefs to Market Crafting

This chapter explores the journey of a key figure in the semiconductor industry who transitioned from libertarian ideals to supporting government intervention to revitalize U.S. production amid competition. It examines the historical context of industrial policy versus market crafting, and how recent government initiatives reflect a renewed approach to market management for public good. Key themes include the balance of authority and accountability in regulatory practices, with a focus on strategies for effective market crafting and necessary reforms in housing policy.

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