Comment by nradov

Comment by nradov 8 hours ago

4 replies

Having an industrial policy has been disastrous for most countries that have tried it. Works fine for a few years and then everything falls apart as the grifting builds up and disruptive innovations destroy the underlying reasons for the original policy goals.

nyeah 7 hours ago

I don't doubt your sincerity. But there's a big difference between believing something very sincerely and actually knowing whether it's true or not.

  • nradov 6 hours ago

    I actually know it's true that having an industrial policy has been a net negative in the majority of countries where it was tried.

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