Why American and Canadian Manufacturing Aren’t Dead
“Our attitude toward agriculture and manufacturing should be changing. We don’t have many people involved in agriculture anymore, but nobody says that we should go back to harvesting corn by hand just to get jobs back.”
Much common perception holds that manufacturing in America and Canada are on the decline. But in this podcast, economist Joe Atikian uses an economist’s eye and raw data to challenge that view.
Atikian, author of “Industrial Shift: The Structure of the New World Economy,” explores with Entrada’s Doug Donahue:
- How industrial output in US and Canada have doubled since the 1970s
- Mexico’s gradual transition from agriculture to manufacturing, mirroring changes in a now-developed Asian manufacturing powerhouse
- Mexico’s growth potential, due to factors such as a rail network with one-tenth the density of that in the US
- The competitive advantages of Mexican manufacturing.