All Posts Tagged With: "manufacturing"

The Right Amount of Manufacturing

Mark Perry, an economics professor at the University of Michigan, recently pointed out that in 2009 the U.S. economy had the world’s largest manufacturing sector. (The most recent data show that China’s sector edged out the United States because of our slow economic recovery.) Every year since 2004 U.S. manufacturing output, in constant 2005 dollars, [...]

22Jun2011 | David R. Henderson | 7 comments | Continued

To Understand Change, Learn History

Judging by the headlines and recent political campaigns, America’s economy is undergoing one of those rapid and fundamental changes that augur well for the incomes of Americans — but not so well for the prospects of restraining politicians from counterproductive intervention to “save jobs.” According to the data, my home state of North Carolina lies [...]

6Jul2010 | John Hood | 0 comments | Continued

Is Greed Green?

Pierre Desrochers is research director at the Montreal Economic Institute (www.iedm.org). Devising prescriptions for “sustainable development” has made the fortune of a number of academics and consultants and provided a new raison d’être for countless bureaucracies. According to these “sustainability experts,” since the dawn of the industrial age the goals of economic growth and enhanced [...]

1Apr2003 | Pierre Desrochers | 1 comment | Continued

In Praise of Hard Industries

Sometimes you can judge a book by its cover. The subtitle of this book reads: Why manufacturing, not the information economy, is the key to future prosperity. That tells me that the author thinks himself capable of central economic planning at the macro level, knowing as he does what economic formula will lead to “prosperity.” [...]

1Aug2000 | George C. Leef | 0 comments | Continued
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