On this episode, Oren is joined by not one but two leading scholars on U.S. industrial policy, Marc Fasteau and Ian Fletcher, both of the Coalition for a Prosperous America. The episode opens with a conversation about the pair’s forthcoming book, which Oren describes as “the authoritative tome on industrial policy past, present, and future.”

They dig into why the government should be involved in domestic industry in the first place, the innovations—from the internet to commercial air travel—that wouldn’t exist without such involvement, and what the future of American industrial policy should be.

For more, check out their forthcoming book, Industrial Policy for the United States: Winning the Competition for Good Jobs and High-Value Industries.