What is industrial policy and what role has it played in trade, supply chains, free markets, and diplomacy? Adam Thierer takes us on a tour of the pitfalls and boondoggles that happen when government picks the winners and losers in American industry. Find out (most of) what you need to know about this important subject in less than 25 minutes - along with what happened to the flying cars we were promised! Adam Thierer is the Senior Research Fellow at the Mercatus Center at George Mason University. He serves on the U.S. Chamber of Commerce’s Artificial Intelligence Commission on Competitiveness, Inclusion, and Innovation. He is the author of "Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom" and "Evasive Entrepreneurs & the Future of Governance." Follow Adam on Twitter at @AdamThierer.   Subscribe and follow to catch the latest episodes of Hold These Truths featuring thought leaders and legends like Jordan Peterson, Ben Shapiro, Bari Weiss, Jocko Willink, Ayaan Hirsi Ali, and many more: Apple Podcasts: https://podcasts.apple.com/us/podcast/hold-these-truths-with-dan-crenshaw/id1498149200 Spotify: https://open.spotify.com/show/2BbbFyOBNTLpYDzUai6ta2?si=f8iPozsGQ5CjAAammAs29g Instagram: https://www.instagram.com/dancrenshawtx/ Twitter: https://twitter.com/repdancrenshaw Facebook: https://www.facebook.com/RepDanCrenshaw