In Praise of Hard Industries – buy book — 9780395899687

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    In Praise of Hard Industries
    Why Manufacturing, Not the Information Economy, Is the key to Future Prosperity

    by Eamonn Fingleton

    🔍 In Praise of Hard Industries · Click Here 🔍

    • Format: hardcover, 288 pages
    • Language: english
    • Publisher: Houghton Mifflin Harcourt
    • Release date: September 9, 1999
    • ISBN: 9780395899687 (0395899680)
    • Author: Eamonn Fingleton

    About The Book

    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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