dunnettreader + manufacturing + industrial_policy   1

Rajiv Sethi: Innovation, Scaling, and the Industrial Commons - July 2010
When Yves Smith makes a strong reading recommendation, I usually take notice. Today she directed her readers to an article by Andy Grove calling for drastic changes in American policy towards innovation, scaling, and job creation in manufacturing. The piece is long, detailed and worth reading in full, but the central point is this: an economy that innovates prolifically but consistently exports its jobs to lower cost overseas locations will eventually lose not only its capacity for mass production, but eventually also its capacity for innovation: - interesting discussion in updates and comments
US_economy  US_politics  Labor_markets  unemployment  trade-policy  trade-theory  off-shoring  manufacturing  Innovation  technology  technology_transfer  industrial_policy 
march 2015 by dunnettreader

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