What problem with manufacturing?

posted by
May 15, 2011
Adam Smith Institute
by Tim Worstall  
Posted in Commentary

"We get this all too frequently, that manufacturing in the UK has declined so much, that we're over reliant upon services, that simply we've too few northerners making things that can be dropped on feet, that, in short, we're all stuffed. That we all know that the value of manufacturing production has been rising, even as it shrinks as a portion of the economy, doesn't seem to clinch the matter. For we're still told that the decline of manufacturing as a portion of the economy is some dreadful fate." (05/14/11)

http://tinyurl.com/5w6v2xq  

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