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“Insourcing” is Reviving US Manufacturing

“Insourcing” is Reviving US Manufacturing

That’s the claim that Charles Fishman is making in the most recent Atlantic.  He lists a number of contributing factors: Oil prices are three times what they were in 2000, making cargo-ship fuel much more expensive now than it was then. The natural-gas boom in the U.S. has dramatically lowered the cost for running something […]

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Will Big Data, Better Sensors & the “Industrial Internet” save our economy?

Will Big Data, Better Sensors & the “Industrial Internet” save our economy?

In the past, we’ve highlighted Robert Gordon’s theories that there is little reason to expect much productivity growth in the future from advanced economies, raising the prospects of decades of stagnation.  In a post at VoxEu, GE economist Marco Annunziata takes exception: The declining cost of [digital] instrumentation is beginning to enable a much wider […]

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