Industrial Policy Insights
The discussion highlights the tension between regulatory and industrial policies, emphasizing the need for government intervention in areas like battery research to accelerate innovation. A critique of corporate America's short-term focus suggests that policymakers might be better suited to foster long-term advancements. The complexities of underinvestment and overinvestment in various industries reveal the challenges of relying solely on profit and loss signals.In this clip
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EconTalk
Michael Munger on Industrial Policy
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