Made in the USA

The Rise and Retreat of American Manufacturing

Author: Vaclav Smil Series: The MIT Press

There's no author whose books I look forward to more than Vaclav Smil. With his vast knowledge of science and energy, history and business, he brings new insights to every topic he examines. -- Bill Gates Another irreplaceable entry in Smil's chronicling of the modern world. If anyone needs help understanding why making 'things' still matters in a digital world, start here. The US position as the world's reserve currency probably rests on the outcome. -- Michael Cembalest, Chief Investment Officer, JP Morgan Asset Management Vaclav Smil is one of our time's most insightful, thorough, and prolific analysts on the history and state of technology, humanity, and industry. Every book Smil has written has made an important contribution, but none may be more important, more timely than Made in the USA. Smil's fascinating and lucid exploration of the history and state of manufacturing in America comes at a critical time and should be the starting point for any discussion about the future for the USA. -- Mark P. Mills, Senior Fellow, Manhattan Institute

An argument that America's economy needs a strong and innovative manufacturing sector and the jobs it creates.

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Summary

An argument that America's economy needs a strong and innovative manufacturing sector and the jobs it creates.

Description

An overview of the state of manufacturing in America-both past and present-and how this sector and the jobs it creates are essential to the American economy"There's no author whose books I look forward to more than Vaclav Smil."-Bill GatesIn Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without a strong, innovative manufacturing sector and the jobs it creates.Smil explains how manufacturing became a fundamental force behind America's economic, strategic, and social dominance. He describes American manufacturing's rapid rise at the end of the nineteenth century, its consolidation and modernization between the two world wars, its role as an enabler of mass consumption after 1945, and its recent decline. Some economists argue that shipping low-value jobs overseas matters little because the high-value work remains in the United States. But, asks Smil, do we want a society that consists of a small population of workers doing high-value-added work and masses of unemployed?Smil assesses various suggestions for solving America's manufacturing crisis, including lowering corporate tax rates, promoting research and development, and improving public education. Will America act to preserve and reinvigorate its manufacturing? It is crucial to our social and economic well-being; but, Smil warns, the odds are no better than even.

About the Author

Vaclav Smil is Distinguished Professor Emeritus at the University of Manitoba. He is the author of forty books, including Energy and Civilization, published by the MIT Press. In 2010 he was named by Foreign Policy as one of the Top 100 Global Thinkers. In 2013 Bill Gates wrote on his website that "there is no author whose books I look forward to more than Vaclav Smil."