In Praise Of Hard Industries: Why Manufacturing, Not The Information Economy, Is The Key To Future Prosperity
ISBN : 9780395899687
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In Praise of Hard Industries: Why Manufacturing, Not the Information Economy, Is the key to Future Prosperity
Challenging conventional wisdom, Eamonn Fingleton argues that manufacturing expertise -- not the new information economy -- is crucial to jobs, exports, and growth. It is universally accepted that the future of the U.S. economy depends on its successful adaptation to a postindustrial, information-based global economy. The same conventional wisdom says that advanced economies should abandon manufacturing in favor of information-driven services such as finance, entertainment, and software. In this surprising and provocative book, the acclaimed financial journalist Eamonn Fingleton demonstrates that by every measure, including high-wage job creation, contribution to national income, and balance of trade, the manufacturing sector outperforms the "new economy." In Praise of Hard Industries argues with compelling logic that America's long-term economic success depends on its strategic advantage as a manufacturer of sophisticated equipment and producer goods.
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|Publisher||Houghton Mifflin Harcourt|
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