Book description
When financial journalist Eamonn Fingleton anticipated the meltdown of the New Economy in the late nineties, his predictions were dismissed by mainstream economic writers as "farfetched. " Now, with the New Economy in ruins and America mired in recession, Fingleton's avowedly contrarian take on mainstream economic thinking is all the…
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Why read it?
1 author picked Unsustainable as one of their favorite books. Why do they recommend it?
This book made it crystal clear to me why the US cannot prosper long-term without being a manufacturing powerhouse.
It helped me understand how outsourcing manufacturing to other countries not only costs jobs and national prosperity but also makes it less likely that the next important advance in the outsourced industry would be made in the US. Since productivity increases fastest in manufacturing, losing it also slows economic growth.
From Marc's list on US free trade destroyed the us middle class.
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