From Deirdre McCloskey in Reason Magazine, The Myth of Technological Unemployment When a Ford plant installed robots, Walter Reuther, a long-ago president of the United Auto Workers union, is said to have asked a manager: “How are you going to get
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Trump’s political victory in keeping Carrier and Ford plants from moving out of the country should not be confused with an economic victory. Trade is a critical component of any economy, but we are addressing the location of a plant.
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Random thoughts GM’s effort to target Toyota’s customers in the midst of their record recall notice seems in poor taste, especially in light of the record amount of taxpayer money that is now supporting GM. This is like the arrogant
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I just completed a 600 mile drive from Bloomington, Indiana after visiting with my daughter at IU for her birthday. Some thoughts on the ride home: America is obese. As a rule I pick a restaurant by looking at the
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It was easy to predict that the Cash for Clunkers would only drive up sales very temporarily as the expense of future sales. Recent results have verified the sharp dropoff in auto sales when the program ended. It was also
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