Health News Alerts

Health is not an insurance program. Health is not a disease suppressor. Health is actually beneficial to you and everyone. Always!

Your #1 Trusted Source for Affiliate Marketing Training and Traffic Generation

What's New Today
» The Best Surfing Co-ops
» Destroy Depression (tm) - Relaunched For 2019 - $100 Aff Bonus!
» Traffic Bots - 10 Affiliate Tools = 75% Commissions & $$ Cash Prizes!
» Legit Online Jobs
» ConversioBot
» 3 Marijuana Stocks to Buy for 2019
» SEO Pressor
» WorldProfit University
» Earn day trading cryptocurrencies Bitcoin & Ethereum!
» Follow The Script
» Clickbank Super Store
» Promoting With Banners
 
Internet Traffic for You
» CashBlurbs
» Rebrandable Traffic
» TE-JV
» Social Site Traffic
» FREE Solo Blast To 30,000/mo
» Recruiting Co-op
» FREE Viral Traffic
» Traffic Hybrid System
» Best Advertising Sources
» FREE Classifieds
 
Earn Money on the Net
» Make Money Online
» pay cheques on autopilot
» Myths About Making Money
» Get Paid CA$H (ptc, ptr)
» Work and Internet Jobs
» Top 10 Opportunities
 
It's a Bitcoin Revolution
» Easy Online Income - HOW TO
» Recieve $5 in Bitcoin
» Automatic Free Bitcoin!
» Tax Free Bitcoin Trading
» News Pushing Bitcoin To New Highs
» Earn day trading cryptocurrencies Bitcoin & Ethereum!
» [Win $10,000] Lifetime commissions & more! It can't get better than this...
» Bitcoins Revolution
» Earn Online Automatically
» Free BitCoin Wall
» Bitcoin Faucets
» convert bitcoins to usd
» My Bitcoin Blog
 
Health
» Mens Health
» CBD Products
» Paleohacks Cookbooks + Primal Sleep, 4 Products, Crazy Conversions
» CBD
» EndoCannabinoid System (ECS)
» 'Fake Pot' could mean Mega Profits
» Becoming Pregnant- Overcome Infertility The Natural Way.
 
Favorite Places
» Free Ads Free Traffic ... $$$
» Reseller's Club
 
Cool Stuff
» Sports Betting Robot
» Internet Marketing Tools
» Turn Your Ability Into Ca$h
» Craigslist Exposed
 
Empowering
» The Manifestation Millionaire
» Access Consciousness
 
Newbies Getting Started
» Step by Step Guide
» Attention NEWBIES!
» Internet Marketing Essentials
» The Biggest Affiliate Mistake
» Mastering Roboform
 
Twitter Marketing
» What Is Twitter?
» Free Video Reveals All #1 Strategy for Twitter
» Tweet Virus
» Twitter Treasure Chest
» Twitter Marketing
» Twitter Traffic Swarm
 
Using Social Sites
» Free Video Reveals All #1 Strategy for Pinterest
» Free Video Reveals All #1 Strategy for Linkedin
» Socially Engage
» SociBoom
» Pinterest Marketing
» Paid Social Media Jobs
» IBO Toolbox
» Facebook Webinars
» Social Marketing Secrets
» Unlimited Social Traffic
» Create A Money Making Product Review Blog
» Social Bookmarking Exposed
» Blogging Profits
» Social Media Wealth
» Forum Poster Pro
» Social Media Tactics
 
Mailing Tools
» Mail that is Working
» Yahoo 2.0 Traffic
» Email Writing Secrets
» Super Money Emails
» Email Buzz
» Sales Letter Creator
» Words To Profits
» List Blueprint
» Internet Marketing Newsletters
» Rss2Email
» Viral List Blueprint
» MLM Mailing Lists
 
Article Marketing
» Online Copywriting Pro
» Instant Infographics Presence
» Article Marketing = Traffic
» Article Buzz
» Chunk Copy Course
» Write and Publish
» 5 Minute Articles
» Article Submitter
 
Search Engine Tools
» Top Keyword Spy Tools
» The Beginner Guide To Google Sites
» Run Google Adwords™ Pay-Per-Click Campaigns
» Keyword Analytics Pro
» Mastering Adwords Cash
» Typo Buzz
» Free search engine submission
 
Internet Shopping Mall
» Your Amazon Store
» Clickbank Mega Store
» ClickBank signup form
» CB Affiliate Reward System
» Clickbank Cash Blogs
» Leveraging Clickbank
» ClickBank Results
» Mega PLR Store
» 10,000 items that You need!
» Home Business Resource Center
» Upload & Sell Downloads
» Sell Your ebooks on Clickbank
 
MLM Affiliates
» Video Marketing Wave
» Internet Marketing Planning
» 1 Month To Your Online Business
» Network Marketing Explosion
» Earn Six Figures Yearly
 
Finance
» Credit Repair
» Top FOREX Sites
» Day Trading
» Day Trading Robot
 
Products and Services
» Webcast & Video System
» Private Label Rights on Sale
» Sales Page Rapid Fire
» Video Squeeze Pages
 
Web Directories
» Unique Listing.com
» Relevant Directory.biz
» Directory 8.org
» Directory 3.org
» Class Directory.org
» Direct Directory.org
» Content Directory.net
» Askbee directory
» 1Abc Directory
» Anaximander Directory
» Web Directory
» Directory of Websites
» Relevant Directories.com
» Fire Directory.com
 
Free Stuff
» SKYPE Free phone service
» FREE Classifieds
» More FREE Classifieds
» Visit My Blog
 
Forwarded Web Pages
» Cash-Online-Now.com
» Ascension Team
» GlenBrink.com
» MLM-List.com
 
Brought To You By
Glen Brink
 
 
Published by: Glen Brink on 10-Apr-18
 
What are the long term national security consequences of transitioning from manufacturing to software and services?

 

Over the last 40 years the US economy has been transitioning from one based on physical manufacturing industries towards software and services industries.

 

 

 

Ben's Answer 

Ben GolubBen Golub, Harvard Dept. of Economics; Ph.D. in economics, Stanford

 

 

The issue of maintaining --  or, actually, not maintaining -- technical capability in manufacturing is a classic tragedy of the commons problem.

The new Bay Bridge is being built in China and shipped here in parts. it is much cheaper that way. California is quite rational to outsource the bridge.
 

Now, it would be a bad thing if we forgot how to build bridges in the U.S. We might become totally reliant on other countries and not be able to build our own bridges in a war.

But California's decision does not make California (or any other state) substantially less safe immediately or even soon, because we can still build bridges today, and we'll still be able to do so in ten years. It's just that some large bridge-building firm in the U.S. and its suppliers lose one project and get a less practice and less revenue. The direct consequences of that, on a national scale, are minor.

And that's precisely the problem. No single decision has a big immediate national security effect, while the savings from outsourcing large manufacturing and construction projects are huge to the state or city buying the project.
 

This is very similar to other tragedy-of-the-commons problems, like overgrazing a field or overfishing a lake. Each shepherd or fisherman gets a big private benefit from having a bigger herd or trying to catch more fish. The immediate downsides to any individual are negligible, and the total immediate downsides are pretty small. But over the long run, if people behave this way, the field ends up bare and the fish go extinct. The long-run social costs are huge.
 

Similarly, even though every state is perfectly rational in going for the savings (by outsourcing any given bridge project) and ignoring the small national security decline, in the long run, if everybody does this, we end up pretty screwed.

So from this perspective, it makes perfect sense to "tax" outsourcing of this sort, to help states take into account the long-run social costs of their choices. Everyone (including those states) is better off that way.
  

 

 
 

Sell Online with 2Checkout

Ebates Coupons and Cash Back

 
Specials
» Why Solo Ads?
» Best Affiliate e-books
 

FREE Banners

FREE Banners

Sign up for PayPal and start accepting credit card payments instantly.

Click for the best Banner Exchanges


EasyHits4U.com - Your Free Traffic Exchange

1:1 Exchange Ratio, 5-Tier Referral Program. FREE Advertising!