Source: Reason
by Veronique de Rugy
“American industry has been getting a lot of hands-on direction from Democrats and Republicans for quite some time now. Every few years, someone looks at the underwhelming results of this economic maneuvering and insists that real ‘industrial policy’ has never been tried. The truth is that the left’s call for a ‘mission-oriented’ state and the right’s yearning for a nationalist industrial revival may sound different, but they share the same conceit: that their own intentions can finally succeed where decades of intervention have failed.” (11/20/25)