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Worstall’s Corollary

Economy
Global
Started May 18, 2026

Rare earths expose a fatal flaw at the heart of industrial strategy: governments intervene in systems they do not remotely understand Source

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Worstall’s Corollary

The Critic (United Kingdom) | May 18, 2026

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CLAIM Posted by admin • May 18, 2026
Strategic government intervention is essential for securing a stable supply of rare earths, critical for modern technologies and national security.
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CLAIM Posted by admin • May 18, 2026
Investing in rare earths research and development can empower governments to make informed decisions that benefit both the economy and the environment.
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CLAIM Posted by admin • May 18, 2026
Overregulation in the rare earth sector could stifle innovation and competition, ultimately harming the very industries governments seek to protect.
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CLAIM Posted by admin • May 18, 2026
The role of government in industrial strategy must be re-evaluated, focusing on collaboration with experts rather than unilateral decisions.
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CLAIM Posted by admin • May 18, 2026
Governments should avoid intervening in complex industries like rare earths, as their lack of understanding can lead to disastrous economic consequences.
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