The renaissance of industrial policy has been promoted by a breed of public intellectuals with considerable financial interests as they are well paid consultants for governments.Our new book, Moonshots and the New Industrial Policy: Questioning the Mission Economy, takes a critical look at the renaissance of state capitalism and interventionist industrial policies. The book features contributions from 23 different scholars, it is published by Springer and available for free download.In one chapter, sociologist Olof Hallonsten discusses the role of public intellectuals. Hallonsten’s conclusions are well in line with Friedrich Hayek’s reasoning in his 1949 article “The Intellectuals and Socialism” where he convincingly argues that intellectuals exercise power

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