There was an article in The Economist last week, shared widely in press around the globe, about the apparent fixation with manufacturing. Aussie economist Saul Eslake calls it Manufacturing Fetishism, with government support focused more on that sector than anything else. President Trump wants to bring home everything from steelmaking to drug production…
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Is manufacturing fetishism a problem?
The US isn’t alone with its preoccupation with bringing back manufacturing jobs. But why focus on a sector where jobs are most likely to disappear? Steve has some answers.
The Debunking Economics Podcast
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.ems-based alternative to mainstream economics
Economist Steve Keen talks to Phil Dobbie about the failings of the neoclassical economics and how it reflects on society.ems-based alternative to mainstream economicsAppears in episode
