Transcription of We'd Better Watch Out
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MANUFACTURING MATTERSThe Mythof the Post-Ind4stricl Stephen S. Cohen and John and Charts. 297 pp. Nerr York:A Council on F or eign Relations Book /Basic Books. $1 Robert M. SolowIF HERE is a lot of loose talk about the "deindus-I trialization" of the United States economy. WeI are losing our manufacturing industry to for-I eigners and becoming a "service economy" (ifyou like the idea) or a "nation of hamburger stands andinsurance companies" (if you don't like the idea). Ste-phen S. Cohen and John Zysman tregin their book,"Manufacturing Matters: The Myth of the Post-Indus-trial Economy," by insisting, quite correctly, that nosuch thing can happen. The orders of magnitude aresuch that the United States could not hope to pay for itsmanufacturing imports by selling seryices abroad.
MANUFACTURING MATTERS The Mythof the Post-Ind4stricl Economy. By Stephen S. Cohen and John Zysman. Tables and Charts. 297 pp. …
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