Toward Racial Equity in Industry: How the CHIPS and Science Act Can Fuel Inclusive Investment
March 13, 2023In the first Modern Manufacturer column, the Urban Manufacturing Alliance talked with Michelle Burris, Fellow at The Century Foundation about portions of the CHIPS and Science Act designed to provide support to Historically Black Colleges and Universities.
A Four-Step Plan for Re-Industrialization
January 11, 2023The US needs to create the conditions in which companies see the advantage of investing in the United States. This piece outlines four steps to do so; a four-step, feasible, and immediate path toward American re-industrialization.
The European Commission’s Fiscal Policy Proposal Risks European Crisis
December 9, 2022Now on the European political table is the European Commission's proposal on the rules to govern fiscal policy of member states. Dr. Gustavo Piga argues that this proposal is even worse than its predecessors. It threatens to make an already fragile continent weaker. Italy should issue a resounding veto.
A US Policy Roadmap for a Reshored Reality
November 9, 2022Reshoring, especially from China, is essential to American resilience. Here, Harry Moser proposes a framework and set of policy measures to level the industrial playing field. These could bring the total reshored US jobs to 5 million, a 40 percent increase in manufacturing, and full American resilience.
Want to Fix Inflation? Fix Supply
October 20, 2022An effective response to inflation – and to the more systemic supply demand mismatch that threatens the US economy – requires investment in supply. This is a project for the private sector. But the private sector needs a push from Washington.
Free Exchange with China Is Not Free Trade
October 12, 2022China is not a free market. Free exchange with China is not free trade. This is a straightforward reality. It is also one that goes under-stated in American discourse – and that demands spelling out: The short-sighted insistence that free exchange with China is free trade threatens the basic assumptions, and architecture, of international free trade itself.
With the Supply Crisis Accelerating, Industry Needs to Step Up Not Hunker Down
July 20, 2022For decades, bad habits have become entrenched. The country has allowed itself to auction off long-term economic prosperity in exchange for short-term profits. Now, the US must break its habits, not take false shelter in them.
Supply-Side Tools for a Supply-Side Problem
June 20, 2022An effective response to inflation – and to the more systemic supply demand mismatch that threatens the US economy – requires pairing the Fed’s monetary policy band-aids with investment in supply.
If Washington Wants to Beat Inflation, It Needs to Lean into Tariffs – Not Relax Them
June 6, 2022The answer to inflation is not to ease tariffs. It is to stop with the band-aids. The US should see inflation as the motivation to invest in domestic production; tariffs as the market opportunity to do so.
Tariffs are Not the Reason for Inflation. They’re How to Fix It
May 7, 2022The answer to inflation is not to ease tariffs. It is to stop with the band-aids. It is to keep tariffs up, but also to take the proactive measures that they are supposed to encourage: The US should see inflation as a push to invest in domestic production; tariffs as the market opportunity to do so.
Breaking the Inflation Cycle: A Roadmap for Domestic Resilience
April 15, 2022We need a gameplan for domestic resilience so that today's inflation crisis does not continue indefinitely and does not recur. We need to rethink our permissive approach external dependencies; to make sure that we can make more – and more of what is foundational to economic functioning -- at home.