Following the loss of 5 million U.S. industrial jobs from 2000 through 2017, Joel Kotkin in Spiked writes of the growing consensus – alone among Western countries, and despite the U.S. left’s hatred of Donald Trump – to revive America’s industries by “reshoring” manufacturing. Today, writes Kotkin, even some of the famously globalist “tech bros” are opening new facilities back home to manufacture tangible, advanced products. One sign of success: China is measurably bleeding in its manufacturing output.
At Least He Paid his Losing Bet
Paul Ehrlich, author of the spectacularly incorrect 1968 best-seller The Population Bomb, recently died at 93. Despite his longevity, Ronald Bailey points out in Reason, Ehrlich did not live to see even one of his numerous apocalyptic predictions come true. The world’s population certainly grew, but not merely larger, richer and fatter too. Most famously, Ehrlich once bet economist Julian Simon that the world was approaching economic collapse – but in 1990 had to mail Simon a cheque.
