Mises Wire
Online Publish Date:
in Western economies have turned increasingly toward large-scale industrial policies. So-called mission-oriented policies are launched as a response to many in a broader macroeconomic and ideological context. We do so in our new book Moonshots and the New Industrial Policy: Questioning the Mission Economy , published why this ostensibly appealing policy is in fact problematic. The list of grandiose moonshot projects that have failed is long. A few examples: the US war on