How Africa Works: Success and Failure on the World’s Last Developmental Frontier
by Joe Studwell · 6 Dec 2025 · 393pp · 148,223 words
’s existing manufacturing economies. Many African manufacturing ‘firms’ are just one or two people. In Ghana, such informal microbusinesses account for 40 per cent of manufacturing employment. Research showed that productivity at micromanufacturers making clothing and furniture is twenty-three times lower than in larger, formal firms producing the same products.30
Mutiny: The Rise and Revolt of the College-Educated Working Class
by Noam Scheiber · 6 Apr 2026 · 399pp · 120,332 words
—the result of an effort by the union to organize workers in higher education that dated back to the 1980s, when the UAW recognized shrinking manufacturing employment as a threat to its existence. The UAW understood that academics were experiencing the same insecurity and dislocation that had borne down on industrial workers
The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War (The Princeton Economic History of the Western World)
by Robert J. Gordon · 12 Jan 2016 · 1,104pp · 302,176 words
striking analysis, David Autor and co-authors calculated that imports from China between 1990 and 2007 accounted for about a quarter of the decline in manufacturing employment during that period and that they also lowered wages, reduced the labor force participation rate, and raised publicly financed transfer payments.10 The inroads of
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to a decline of the relative incomes of those in the bottom 90 percent. Relatively high-paying manufacturing jobs have eroded, as the share of manufacturing employment in the United States declined from 30 percent in 1953 to less than 10 percent currently. The automation effect overlaps with “skill-biased technical change
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wages compared to wages in union-dominated northern states, these foreign transplant factories help keep overall U.S. manufacturing employment from declining further. But any progress in arresting the decades-long decline in manufacturing employment appears to be contingent on maintaining worker wages at about half the level that the automobile union had achieved
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were female. The industrial leadership of the United States during the 1870–1970 century has given way to a mixture of advance and decline. Though manufacturing employment has declined steadily as a share of the economy, American inventions have established a new phase of dominance. Though few computers and smart devices are
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the industrialization of the Tennessee Valley and provided lasting benefits to the region in the form of high paying manufacturing jobs. Notably, the impact on manufacturing employment persisted well beyond the lapsing of the regional subsidies.” REFERENCES Aaronson, Stephanie, Cajner, Tomas, Fallick, Bruce, Gaibis-Reig, Felix, and Wascher, William (2014). “Labor Force
What Went Wrong: How the 1% Hijacked the American Middle Class . . . And What Other Countries Got Right
by George R. Tyler · 15 Jul 2013 · 772pp · 203,182 words
manufacturing jobs between 2000 and 2007 to the new certainty provided by PNTR. Utilizing census data, they concluded: “Absent the shift in US policy, US manufacturing employment would have risen nearly 10 percent between 2001 and 2007, versus an actual decline of more than 15 percent.”9 The second example is the
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higher-valued services, where technology is devised and refined, translating innovation into goods and services yielding productivity gains.28 The erosion is also reflected in manufacturing employment, which peaked at 19,426,000 in 1979 on the eve of President Reagan’s election. There was a 41 percent decline in manufacturing jobs
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thereafter, to fewer than 11,500,000 by early 2010, before turning up a bit with the recovery. Manufacturing employment was actually lower in 2009 than in 1941 prior to Pearl Harbor, or in any year in between. The thinning out of
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manufacturing employment was intense. Writing about the middle years (1984–1986) of the Reagan administration, Peter Peterson noted: “Over the past three years America’s import deluge
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is cyclical, but each upturn in the macroeconomy during the Reagan decline has featured disproportionate job loss in the manufacturing sector. During the recent recession, manufacturing employment fell nearly 29 percent through October 2009, over five-fold faster than the pace of job loss across all sectors.31 Once such jobs are
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-poohed hopes of matching the German success in rebuilding an industrial base: “It’s unrealistic to imagine a return to the relatively high levels of manufacturing employment and wages that the United States enjoyed in the 1950s.”29 US families cannot rekindle the American Dream by taking in each other’s wash
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2006. 8 “The Story so Far,” Economist, Jan. 19, 2013, 5. 9 Justin R. Pierce and Peter K. Schott, “The surprisingly swift decline of US manufacturing employment,” NBER working paper w18655, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2194778##. See also Binyamin Appelbaum, “The benefits of uncertainty,” Economix, New York
An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy
by Marc Levinson · 31 Jul 2016 · 409pp · 118,448 words
economy as the role of state-owned enterprises faded away. The industrial sector, deprived of taxpayer subsidies, shrank quickly as marquee names closed unprofitable operations. Manufacturing employment, 30 percent of the workforce in 1979, fell to 22 percent under Thatcher as the United Kingdom shifted decisively to a service economy. Well beyond
The New Geography of Jobs
by Enrico Moretti · 21 May 2012 · 403pp · 87,035 words
family, parents expected their children to be twice as well off as they were, just because they lived in America. In the fall of 1978, manufacturing employment reached its peak, with almost 20 million Americans working in factories. That year Jimmy Carter was president, Grease was the top-grossing movie, and the
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all stripes. The economy did well that fall, logging a solid expansion in both gross domestic product (GDP) and jobs. Then suddenly the engine stopped. Manufacturing employment, the workhorse that had single-handedly pulled America from the uncertainties of the Great Depression to the stability of the postwar years, slowed down, then
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—and interesting—are the longer-term trends that ultimately determine our standard of living. Lately we have seen some signs that the long decline in manufacturing employment might be slowing down. Wages in China have been creeping up, a predictable effect of increased prosperity. China’s move to revalue its currency, the
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attention precisely because they are exceptions that buck the trend.1 The perception of a forthcoming manufacturing comeback was further bolstered by unexpected gains in manufacturing employment in 2011, the first time in many years that production jobs grew in a significant way. But the reality is that the gains in 2011
More: The 10,000-Year Rise of the World Economy
by Philip Coggan · 6 Feb 2020 · 524pp · 155,947 words
the US, such jobs were found in the fast-food sector or in call centres. The problem was tied up with the general decline in manufacturing employment (see Chapter 7), which meant that most new jobs were created in the service sector. One significant component of economic growth in this period was
The Origins of the Urban Crisis
by Sugrue, Thomas J.
Enrollment in Apprenticeship Programs in Detroit, 1957–1966 5.1 Automation-Related Job Loss at Detroit-Area Ford Plants, 1951–1953 5.2 Decline in Manufacturing Employment in Detroit, 1947–1977 5.3 Percentage of Men between Ages 15 and 29 Not in Labor Force, Detroit, 1960 5.4 Building Permits Issued
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other cities.23 To view Detroit (or any place) as typical would be erroneous. Much about the city’s economy, most notably its dependence on manufacturing employment, distinguished it from other cities with more diverse economic bases. Detroit was not a global city like New York or Los Angeles, where in the
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.5 In the early 1940s, Detroit was at its industrial zenith, leading the nation in economic escape from the Great Depression. Between 1940 and 1947, manufacturing employment in Detroit increased by 40 percent, a rate surpassed only by Los Angeles, San Francisco, and Chicago. Demand for heavy industrial goods skyrocketed during World
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. To take one example, few blacks could be found working in the machine and fabricated metals industries, Detroit’s second and third largest sources of manufacturing employment. Only 1.7 percent of metropolitan Detroit’s more than 44,000 workers in the machinery industry in 1950 were black; only 2.4 percent
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economic lull. More important than the periodic downswings that plagued the city’s economy was the beginning of a long-term and steady decline in manufacturing employment that affected Detroit and almost all other major northeastern and midwestern industrial cities. Between 1947 and 1963, Detroit lost 134,000 manufacturing jobs, while its
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the midst of celebratory descriptions of national prosperity, as pundits spoke of embourgeoisement, the gap between rhetoric and reality grew. TABLE 5.2 Decline in Manufacturing Employment in Detroit, 1947–1977 If many workers were affected in some way by changes in the city’s economy, blacks bore the brunt of restructuring
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–68. 56. Guy Nunn, “Detroit: Ghost Arsenal?” New Republic, February 4, 1952, 16–17. 57. Haber, McKean, and Taylor, Michigan Economy, 90–91; statewide defense manufacturing employment peaked at 220,758 in March 1953, and fell to 28,857 in January 1959. See Memo from Carrol Colburn to Woody Ginsburg, “Material for
The Job: The Future of Work in the Modern Era
by Ellen Ruppel Shell · 22 Oct 2018 · 402pp · 126,835 words
competing not with Germany for the high-wage, high-value jobs, but with China for the relatively low-wage, low-value jobs. In March 2010, manufacturing employment in the United States bottomed out at roughly 11.45 million jobs—down from a high of 19.6 million in 1979. Five years later
The Economics of Belonging: A Radical Plan to Win Back the Left Behind and Achieve Prosperity for All
by Martin Sandbu · 15 Jun 2020 · 322pp · 84,580 words
technological forces at work everywhere, and of domestic policy mistakes that varied in nature and degree from one country to another. FIGURE 2.2. US manufacturing employment (seasonally adjusted monthly figures). Source: US Bureau of Labor Statistics, via https://fred.stlouisfed.org/graph/?g=pP4Y. The kernel of truth at the heart
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, at least in Europe. In the last chapter, I identified the beginning of the end of the economy of belonging with the secular turn in manufacturing employment in the West in the 1970s. And sure enough, the 1980s was when some of today’s strongest illiberal populist movements first came into their
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. The United States has seen two big jumps in the volatility of earnings, first from the 1970s to the 1980s—corresponding to the onset of manufacturing employment’s decline—and then during the 2008–9 Great Recession. In the United Kingdom today, large monthly pay fluctuations are shockingly common: three-quarters of
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address. * * * Scapegoat number one: trade. Start with trade, by far the most discussed aspect of globalisation. The story that emerging countries “stole” the West’s manufacturing employment depicts a zero-sum world where well-paying factory jobs lost in one country are captured by another. The rise of this narrative of conflict
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of factory jobs worldwide actually rose from about 175 million to 220 million—reflecting that the global population was growing fast). The secular fall in manufacturing employment we have seen in the West is also a global phenomenon.5 FIGURE 5.1. Factory employment as a share of total employment, by global
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that, even taking factory fetishism more seriously than it deserves, trade accounts for at best a very small part of the decline in rich-country manufacturing employment.11 So what? the globalisation sceptic may say. Every factory job counts, and even if we could not prevent nine out of ten from being
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US factory jobs since the 1980s. It did indeed suffer outsize job losses in the early years of the 2000s. But it rebuilt and grew manufacturing employment before and after the worst periods of decline much better than the national average. Between 1990 and 2015, the United States as a whole lost
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Magical Urbanism: Latinos Reinvent the US City
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Municipal Dreams: The Rise and Fall of Council Housing
by John Boughton · 14 May 2018 · 325pp · 89,374 words
Seapower States: Maritime Culture, Continental Empires and the Conflict That Made the Modern World
by Andrew Lambert · 1 Oct 2018 · 618pp · 160,006 words
Apollo's Arrow: The Profound and Enduring Impact of Coronavirus on the Way We Live
by Nicholas A. Christakis · 27 Oct 2020 · 475pp · 127,389 words
Norman Foster: A Life in Architecture
by Deyan Sudjic · 1 Sep 2010
Apple in China: The Capture of the World's Greatest Company
by Patrick McGee · 13 May 2025 · 377pp · 138,306 words
Elsewhere, U.S.A: How We Got From the Company Man, Family Dinners, and the Affluent Society to the Home Office, BlackBerry Moms,and Economic Anxiety
by Dalton Conley · 27 Dec 2008 · 204pp · 67,922 words
The End of Alchemy: Money, Banking and the Future of the Global Economy
by Mervyn King · 3 Mar 2016 · 464pp · 139,088 words
Apocalypse Never: Why Environmental Alarmism Hurts Us All
by Michael Shellenberger · 28 Jun 2020
Profit Over People: Neoliberalism and Global Order
by Noam Chomsky · 6 Sep 2011
The Lords of Easy Money: How the Federal Reserve Broke the American Economy
by Christopher Leonard · 11 Jan 2022 · 416pp · 124,469 words
Business Lessons From a Radical Industrialist
by Ray C. Anderson · 28 Mar 2011 · 412pp · 113,782 words
The Rise of the Outsiders: How Mainstream Politics Lost Its Way
by Steve Richards · 14 Jun 2017 · 323pp · 95,492 words
Our Kids: The American Dream in Crisis
by Robert D. Putnam · 10 Mar 2015 · 459pp · 123,220 words
The People vs Tech: How the Internet Is Killing Democracy (And How We Save It)
by Jamie Bartlett · 4 Apr 2018 · 170pp · 49,193 words
The Joy of Less, A Minimalist Living Guide: How to Declutter, Organize, and Simplify Your Life
by Francine Jay · 253pp · 79,595 words
The Hidden Half: How the World Conceals Its Secrets
by Michael Blastland · 3 Apr 2019 · 290pp · 82,871 words
Why geography matters: three challenges facing America : climate change, the rise of China, and global terrorism
by Harm J. De Blij · 15 Nov 2007 · 481pp · 121,300 words
Spitfire: A Very British Love Story
by John Nichol · 16 May 2018 · 522pp · 144,605 words
Gaming the Vote: Why Elections Aren't Fair (And What We Can Do About It)
by William Poundstone · 5 Feb 2008