19min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

Paul Krugman on Leaving NYT, America's Economy, and Trump

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Rethinking American Manufacturing

This chapter explores the complexities of American manufacturing, challenging misconceptions about workforce effectiveness and the nature of trade imbalances. It also discusses the strategic importance of manufacturing in defense, emphasizing evolving roles in military applications amid global tensions. The speakers advocate for a shift in manufacturing policy towards targeted subsidies and strategic industrial policy to enhance economic resilience.

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