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	Podcast:		EconTalk
	Episode:		Michael Munger on Industrial Policy
	Category:		Education
	Duration:		01:09:37
	Publish Date:		2022-10-31 11:30:00
	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.
	Total Play:		0