Building a coffee business?

Serving the best Americano in town is up to you.

But winning back time and growing your business, leave that to sum-up. Take orders and payments anywhere with the new SumUp terminal. Turn occasional customers into regulars with a free loyalty program. And with the SumUp point-of-sale system, you'll always know when you're running low on your best-selling blends. Visit sumup.com.com. This is John Batchel.

This is John Batchel, conversation with

colleague Veronique de Rijia of the Mercatus Center, about a new book, Industrial Policy for

the United States, Good jobs and high-value industries. The question is, industrial policy is it in place

now? Certainly, there's a long list of laws that were passed by Congress under Mr. Biden and signed by Mr. Biden that suggests the industrial policy is for the state to and augment the development of high end. the Chips Act, for example.

At the same time, Mr. Trump seems to be following through with his idea of participating in Intel's recovery

and joining in the profits from Envidia, if any, from its sale in China, also encouraging

a business deregulation in order to encourage industries.

However, Bernic asked a series of questions, the answer of which is nobody but us, and that

we do just fine with the profit motive for an industrial policy.

Is Veronique de Rishi asking questions rhetorically about who exactly is ahead of us?

And why do we need to catch up with industrial policy?

Much more of this tonight.

The new book is by Mark Fassoe and Ian Fletcher, Industrial Policy. It's a doorstopper over 800 pages.

The chapter on France is especially entertaining. Apparently, they do industrial policy very

well, except is Vernique on America.

Actually, ingenuity.

I mean, who in the world produces tech companies like we do?

Who in the world actually manufacturing, does advanced manufacturing like we do?

Who in the world does a lot of what we do?

...