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American Chip "Independence": Protectionism by Another Name

Audio Mises Wire

Tags Cronyism and CorporatismProtectionism and Free Trade

11/15/2022Weimin Chen
Narrator: 
Michael Stack

While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.

Original Article: "American Chip "Independence": Protectionism by Another Name"

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American Chip "Independence": Protectionism by Another Name