In this episode, will and Rust Belt Kid discuss the history of the American industrial economy, with a focus on the men, companies, and cities that built the Rust Belt. They discuss America’s rise as an industrial power, the political and economic winds that cemented us as the leading industrial power, and how we fell thanks to globalization and regulation. They discuss what made the Rust Belt fall from glory, why things went so poorly in it, and how it could potentially be fixed, with a focus on the main problems holding it back from recovering.
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Read Will’s thoughts on tariffs and the industrial economy here:
Why Free Trade Is a One-Sided Suicide Pact
Welcome back and thanks for reading! This week’s article is a review and summary of Friedrich List and his The National System of Political Economy, with an eye toward how the general system he empha…
Featured image credit: John Morgan from Walnut Creek, CA, USA, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons