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6min chapter
Michael Munger on Industrial Policy
EconTalk
Industrial Policy Will Fail Because of Political Incentives
The Plus de Champs Plusé-Le-Mem shows here we are in the modern era. People have admired China because it does not, many of its policies. Our scene is admirable and impossible in the United States due to our political system. We need to understand that government can do experiments. And then we should be willing to hit myths, bureaucracies, once they're established, they're hard to get rid of.
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