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Non-neutral industrial policies are more controversial, in the economic policy literature, compared to neutral industrial policies. Explain a neoclassical argument against non-neutral industrial policy and

Non-neutral industrial policies are more controversial, in the economic policy literature, compared to neutral industrial policies. Explain a neoclassical argument against non-neutral industrial policy and a heterodox counter-argument.

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Answer Neoclassical Argument Against NonNeutral Industrial Policy Neoclassical economists argue that nonneutral industrial policies which involve gove... blur-text-image

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