Manufacturing in a Flatter World
The world is flatter than it used to be. But it isn’t entirely flat, even though the title of a best-selling book (Thomas Friedman’s The World is Flat: A Brief History of the 21st Century) suggests that it is. In it, Friedman celebrates the wonders of global commerce, the possibilities that emerge when technology and trade policy effectively annihilate distance and people around the world compete on equal economic terms. To be fair, he also acknowledges the challenges. more....