This column by my ex-friend Ezra Klein has gotten some notice. I take a big exception to it. The gist is that U.S. liberalism lacks an appreciation for certain salient deficiencies of our welfare state. He leads with reference to our yearnings towards industrial policy. I don’t think he would disagree that we already have an industrial policy. It stinks, but we have one. The U.S. public sector subsidizes armaments, fossil fuel, and health care. In diverse ways, these policies are killing us. But there they are.
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