The only place you see a free market is in the speeches of politicians. Dwayne Andreas
Thanks to my friend Erik Pages, I'm going to be lazy this week and send you to his post.
The key quote is "....when it comes to innovation, US firms are 'home alone.' If they develop
a new innovation, it’s solely up to them to scale it up and bring it to
market. In contrast, foreign manufacturers can tap into a diverse
network of resources...."
We can keep to a failed philosophy, or we can recognize that with a bit of pragmatic policy that it could BE different for US Manufacturing.
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