Posts Tagged ‘manufacturing’

  • everyday economics and Alexander Hamilton's development program gave the US economic independence

    Celebrating Economic Independence

    Jul 4, 14 • 297 Views • 2 Comments

    Yes, the United States declared independence from Great Britain on July 4, 1776 and won the American Revolutionary War. But still, we were not truly independent. George Washington’s Secretary of the Treasury Alexander Hamilton knew that true...  [read more]

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    Manufacturing: What’s New?

    Jun 12, 13 • 277 Views • No Comments

    Called “A Revolution in the Making,” yesterday’s Wall Street Journal  focused on manufacturing in a special section. I was particularly impressed with some stats that they presented and Jay Leno. The Stats: The cost gap is closing between...  [read more]

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    Manufacturing and the Market System

    May 30, 12 • 201 Views • No Comments

    Adam Smith might look at recent increases in manufacturing and say, “The market works.” Here are some stories. One furniture manufacturer decided it could make consumers happier by moving back from China. Yes, it would mean paying a sander $10 an...  [read more]

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    Bank Robbers and Structural Unemployment

    Apr 29, 12 • 218 Views • No Comments

    The number of bank robberies is plunging. Maybe it’s outsourcing…just like manufacturing? During 2011, the number of bank robberies declined to a 9-year trough of close to 5000. The reason, according to one analyst, is technology. As we spend more...  [read more]

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    Steve Jobs and Manufacturing Jobs

    Jan 23, 12 • 250 Views • No Comments

    A friend recently said to me, “The U.S. just doesn’t make anything anymore.” But we do. It’s just harder to see it. To observe contemporary U.S. manufacturing, you could go to Greenville, South Carolina. At an auto parts factory making...  [read more]