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September 13, 2022

This article previously appeared in The National Interest.Last month the U.S. passed the CHIPS and Science Act, one of the first pieces of national industrial policy – government planning and intervention in a specific industry — in the last 50 years, in this case for semiconductors. After the celebratory champagne has been drunk and the confetti floats to the ground it’s helpful to put the CHIPS

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National Industrial Policy – Private Capital and The America’s Frontier Fund Steps Up