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Adam Millsap: Biden Can Learn From The States—Industrial Policy Doesn’t Work

Industrial policy is all the rage. The Biden administration is infatuated with tax breaks, subsidies, and mandates meant to encourage–or coerce–firms to locate or expand operations in America. Biden's team is primarily selling these actions as a way to strengthen national security, particularly in relation to China. But they are also telling

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Posted: August 16, 2023 Wednesday 12:28 PM