… is from page 202 of Johan Norberg’s wonderful 2023 book, The Capitalist Manifesto:
The moon landing is a bizarre symbol of the new hope for industrial policy because we never got any industry. We placed a flag on the moon and then traveled back.
DBx: We can recognize and applaud – I do! – the immense scientific achievement of landing human beings on the surface of the moon and returning them safely to the earth. But it is illogical to conclude from this achievement that government-orchestrated industrial policy is both desirable and doable.
