Posts Tagged ‘manufacturing’

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    Manufacturing and the Market System

    May 30, 12 • 567 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 • 612 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 • 616 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]

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    Manufacturing Jobs

    Aug 28, 11 • 603 Views • No Comments

    Our story begins with M.I.T.’s lithium-ion battery research and then takes us to South Korea and China where the batteries are made. Next, in a surprising move, some of the manufacturing returns to the U.S. With $375 million in federal stimulus money......  [read more]

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    Made in the USA?

    Aug 24, 11 • 695 Views • No Comments

    One friend recently said to me, “The problem is we don’t make anything anymore!” Disagreeing, a San Francisco Fed report says that 88.5% of consumer spending is for goods and services made here. In addition, businesses are buying US made......  [read more]