An economic analysis of de-industrialization that considers the ongoing transformation of the industrial economies and the consequences for economic policy.

A veteran New York Times economics correspondent reports from factories nationwide to illustrate the continuing importance of industry for our country. In the 1950s, manufacturing generated nearly 30 percent of US income. But over the decades, that share has gradually declined to less than 12 percent, at the same time that real estate, finance, and Wall Street trading have grown. While manufacturing’s share of the US economy shrinks, it expands in countries such as China and Germany that have a strong industrial policy. Meanwhile Americans are only vaguely aware of the many consequences—including a decline in their self-image as inventive, practical, and effective people—of the loss of that industrial base. Reporting from places where things were and sometimes still are “Made in the USA”—New York, New York; Boston; Detroit; Fort Wayne and Indianapolis, Indiana; Los Angeles; Midland, Michigan; Milwaukee; Philadelphia; St. Louis; and Washington, DC—Louis Uchitelle argues that the government has a crucial role to play in making domestic manufacturing possible. If the Department of Defense subsidizes the manufacture of weapons and war materiel, why shouldn’t the government support the industrial base that powers our economy? Combining brilliant reportage with an incisive economic and political argument, Making It tells the overlooked story of manufacturing’s still-vital role in the United States and how it might expand. “Compelling . . . demonstrates the intimate connection between good work and national well-being . . . economics with a heart.” —Mike Rose, author of The Mind at Work

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

How corn is harvested and made into tortillas.