Tag Archives: climate change

Making stuff

There’s an article by Thomas Friedman in the NY Times today, where he talks about the need for America as a country to start “making stuff.”  In other words, we need more manufacturing, rather than a reliance on financial instruments, many of which are faulty.  This is the exact same point that Kevin Phillips makes in American Theocracy a few years ago, but Phillips takes his analysis a bit further by indicting law and accounting, as well as finance, as industries that don’t produce anything of real concrete value.  Services are much harder to sell in the international market as other countries generally have their own laws and accounting rules.

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