47 min listen
Michael Munger on Industrial Policy
FromEconTalk
ratings:
Length:
70 minutes
Released:
Oct 31, 2022
Format:
Podcast episode
Description
Economist and political scientist Michael Munger of Duke University talks about industrial policy with EconTalk host Russ Roberts. Munger argues that in a democracy, the default outcome for industrial policy is crony capitalism--attempts to improve on that outcome either by appointing experts or eliminating cronyism are going to fail for political reasons. The conversation concludes with a discussion of the reliability of Munger's claim and what options are left for dissatisfied reformers.
Released:
Oct 31, 2022
Format:
Podcast episode
Titles in the series (100)
Barro on Growth: Russ Roberts interviews Robert Barro on the economics of growth, what the developed world can do to help poor people around the world, and the role of US assets and the dollar in world finance. by EconTalk