The Driverless-Car Pile-Up and the Folly of ‘Industrial Policy’

The Driverless-Car Pile-Up and the Folly of ‘Industrial Policy’

The idea that the government might successfully support and steer innovation is making a comeback as wonks both left and right show a renewed interest in industrial policy. But faceless functionaries steering anything from D.C. should terrify us all. Even the…
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