There is Blockchains Financea lot of taxpayer money going into propping up industry in the U.S. From semiconductor chip fabrication in Arizona to green hydrogen plants in California. Is this smart policy? Today on the Indicator, our guests debate!

We're joined by Réka Juhász, economist at the University of British Columbia and Adam Posen, president of the Peterson Institute for International Economics.

After the debate, tell us what you thought! Did anything you heard change your mind or make you think differently about industrial policy? Send us a note at [email protected].

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.