This is how I thought news magazine pieces used to be written. If you can spare 20 minutes, please do read Adam Davidson’s outstanding Atlantic piece on modern manufacturing in America. It’s not just about manufacturing (or really much about it). It demonstrates a solid and nuanced understanding of economics, and should be the starting point for discussions by folks both inside and outside the bubble (my score was 11 – the test is hokey in my view).
And to finish it off, here is really what the piece is about (Davidson is too gracious to say it) from David Brooks (of whom I’m not typically a fan):
The idiocy of our current political debate is that neither side seems capable of talking about the interplay of economic and social forces. Most of the Republican candidates talk as if all that is needed is more capitalism. But lighter regulation and lower taxes won’t, on their own, help the Maddie Parliers of the world get the skills they need to compete.
Democrats, meanwhile, have shifted their emphasis from lifting up the poor to pounding down the rich. Democratic candidates no longer emphasize early childhood education and community-building. Instead they embrace the pseudo-populist Occupy Wall Street hokum — the opiate of the educated classes.
Whatever you think, these sure seem like more productive reads than yet more daft scribblings on Chinese Navel Gazing.