
 Econception
 Econception The Truth About Industrial Policy
 Apr 15, 2024 
 Join Dr. Samuel Gregg, the Friedrich Hayek Chair in Economics and a political economy expert from Oxford, as he unpacks the complexities of industrial policy. He challenges misconceptions about taxation and the so-called 'China shock,' arguing that job losses are often overstated. Gregg emphasizes the importance of deregulation for the semiconductor industry and critiques the failures of industrial policies in various regions. He also stresses the critical role of price theory in economic education and its impact on inflation and taxation. 
 Chapters 
 Transcript 
 Episode notes 
 1  2  3  4  5  6 
 Intro 
 00:00 • 3min 
 Distinguishing Defense Spending from Industrial Policy 
 03:20 • 2min 
 Industrial Policy Unpacked 
 05:46 • 19min 
 The China Shock: Myths and Realities 
 24:49 • 7min 
 Debunking Myths about Taxation and Burden 
 31:36 • 3min 
 The Importance of Price Theory in Economic Education 
 34:16 • 5min 
