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The rebirth of industrial policy

Explain It to Me

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The Chips Act and the Inflation Reduction Act Are the Best Examples of Pure Industrial Policy

The ships and science act is perhaps the best example of pure industrial policy that a we've seen in a generation. The inflation reduction act were, how do you interpret themand how different are their approrchas to rebuilding a structure or expanding semi conductor capacity from old approaches? And ends of what? What of this new industrial policy reasoning have they incorporated?

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