Manufacturing: Trapped in the Past

by A. Michael Noll [Posted with the permission of the author.] The United States has been predominately a service economy for the past decades. Manufacturing is dead. The assembly lines of the past are mostly gone, with automated machines and robots having replaced humans. Yet, some politicians are promoting manufacturing, even using tariffs to try … Continue reading Manufacturing: Trapped in the Past

Why President Trump’s trade tariffs might not work, a post by J. Dedrick, G. Linden, and K. L. Kraemer

We estimate China only makes $8.46 from an iPhone – and that's why Trump's trade war is futile Jason Dedrick, Syracuse University; Greg Linden, University of California, Berkeley, and Kenneth L. Kraemer, University of California, Irvine The Trump administration’s tariffs on China have so far targeted mostly industrial goods like aircraft engines and gas compressors. … Continue reading Why President Trump’s trade tariffs might not work, a post by J. Dedrick, G. Linden, and K. L. Kraemer