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Since the financial crisis, policymakers in Western economies have turned increasingly toward large-scale industrial policies. So-called mission-oriented policies are launched as a response to many perceived problems, notably climate change and the recent urge among Western countries to reduce their dependence on China. This renaissance of state

The renaissance of industrial policy has been promoted by a breed of public intellectuals with considerable financial interests as they are well paid consultants for governments. Our new book, Moonshots and the New Industrial Policy: Questioning the Mission Economy , takes a critical look at the renaissance of state capitalism and interventionist