meta_pixel
Tapesearch Logo
Log in
The Indicator from Planet Money

Industrial policy, the debate!

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 12 September 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

There is a lot of taxpayer money going into propping up industry in the U.S. From semiconductor chip fabrication in Arizona to green hydrogen plants in California. Is this smart policy? Today on the Indicator, our guests debate!

We're joined by Réka Juhász, economist at the University of British Columbia and Adam Posen, president of the Peterson Institute for International Economics.

After the debate, tell us what you thought! Did anything you heard change your mind or make you think differently about industrial policy? Send us a note at [email protected].

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Transcript

Click on a timestamp to play from that location

0:00.0

This message comes from NPR sponsor Barclay's corporate and investment bank powering sustainable growth in a changing world powering

0:08.0

financial solutions that transform industries Barclay's corporate and investment bank powering possible

0:15.8

NPR

0:17.8

This is the indication from planet money. I'm Darian Woods and I'm Whale and Wong. There is a boom going on right now in the U.S.

0:33.4

Companies are building factories at a galloping pace and much of this is fueled by government subsidies

0:39.8

Taxpayer money is going into semiconductor chip fabrication in Arizona

0:44.4

It's paying for green hydrogen plants in California and solar panel factories in Alabama

0:50.2

This kind of stuff is called industrial policy and there are a few motivations here

0:55.3

Defense security climate change and plain old trying to make America wealthier and it's the last point that is hotly

1:03.5

contested and the question is

1:06.0

Can government support for industries make the country thrive?

1:10.1

Today, we want to settle this question once and for all with the debate once and for all

1:15.5

Once and for all you'll never need another episode on industrial policy again

1:19.5

We have two excellent and thoughtful guests arguing on both sides. We'll see who can change your mind Darian takes it from here after the break

1:31.2

Hackers pulled off the largest crypto heist in history 600 million dollars

1:35.9

I mean, I was jaw dropping. That's a huge amount of money the race to track down the stolen money led the investigators in the FBI

1:43.2

Around the globe when you're dealing with hacking groups that have an army of

1:49.2

Cybercriminals you're in for a long fight a classic who done it and how from planet money on NPR

1:55.1

There's a lot in the news these days and sometimes the headlines just aren't enough

2:00.8

Every Sunday on up first we bring you an in-depth exploration behind a major story

2:06.6

We dive deeper into the details and why you should care

2:11.0

Listen now to the Sunday story from NPR's up first podcast

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.