2min chapter

Cato Daily Podcast cover image

'American Deindustrialization' Is a Dangerous Myth

Cato Daily Podcast

CHAPTER

The Relative Decline of Manufacturing and the Importance of Economic Diversity

This chapter explores the declining significance of manufacturing in the US economy and how it compares to the growth of other sectors. The speakers emphasize the importance of economic diversity and its role in fostering resilience and stability during economic downturns.

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