"Factories Aren't the Future" -- Economics Matters Presents the Superb Macroeconomist, Northwestern's Martin Eichenbaum, to Discuss American's Current and Prospective Dangerous Tariff Policy
"Factories Aren't the Future" -- Economics Matters Presents the Superb Macroeconomist, Northwestern's Martin Eichenbaum, to Discuss American's Current and Prospective Dangerous Tariff Policy
Ah yes. Economists who have led us to this deindustrialization have been spot on: we have gotten to the point that many of the semiconductors that run our sophisticated weapons are produced in china (not all thankfully, but sufficient as to severely curtail our production should we need them in a conflict against china). Brilliant. These same economists who’ve allowed (nay, cheerleaded) us to financialize our economy and allow oligopolies in most sectors of our economy have done so because “shareholders uber alles”. Nah, no thanks.
Ah yes. Economists who have led us to this deindustrialization have been spot on: we have gotten to the point that many of the semiconductors that run our sophisticated weapons are produced in china (not all thankfully, but sufficient as to severely curtail our production should we need them in a conflict against china). Brilliant. These same economists who’ve allowed (nay, cheerleaded) us to financialize our economy and allow oligopolies in most sectors of our economy have done so because “shareholders uber alles”. Nah, no thanks.