Trade and National Security
The discussion delves into the complexities of U.S.-China trade relations, especially in light of potential confrontations. While some argue for government intervention to safeguard national security, skepticism arises regarding the validity of perceived foreign threats, drawing parallels to historical exaggerations about rivals like the Soviet Union and Japan. The conversation highlights the need for a nuanced approach to trade policies that consider both economic and security implications.In this clip
From this podcast

EconTalk
Why Industrial Policy Is (Almost) Always a Bad Idea (with Scott Sumner)
Related Questions