What To Do About Manufacturing Unemployment

Looking at manufacturing unemployment, we can ask if the Trade Adjustment Assistance program is one way to help workers adjust to a new economy.

Winning World War II With Numbers

The year was 1940. Seeing that war might be imminent, President Roosevelt approached the president of General Motors. Wartime conversion was the issue. To become an “arsenal of democracy,” how could we produce planes instead of Pontiacs? With GM’s president…

Creatively Destroying Pontiac

At some point, sooner or later, people get tired of black. During the 1920s, Henry Ford realized that the Model T, so very practical and affordable because it only came in black, needed some vitality. What forced him to recognize…

Dogs, Coach, and Cars

When you have extra income, what do you buy? In China, the more affluent consumer is buying dogs, Coach handbags, and cars. Banned in Beijing in 1983, only recently, the dog has returned as a new “best friend.” A stress…

A Little Sunshine at General Motors

A question: How are a little Sunshine and the U.S. taxpayer similar? The answer: Both are helping General Motors grow. The Wuling Sunshine is the most popular car in China. Manufactured by General Motors with 2 Chinese partners, it is…