Why American manufacturing is becoming less efficient

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Advocates of industrial policy have long argued that manufacturing possesses special powers. Industry’s demands lead to technological progress; the goods it produces must pass the muster of global markets, which drives up efficiency. Some then […]

Has Manufacturing Hollowed Out? – Econlib

Last week I attended an excellent talk on Taiwan and semiconductors given by my Hoover colleague Glenn Tiffert. It was at the Naval Postgraduate School. It was quite informative and the questions from the students in the audience reminded me of what I miss most now that I’m retired from NPS. At a couple of […]