No Fetish for Manufacturing

by Don Boudreaux on March 17, 2011

in Complexity & Emergence, Myths and Fallacies, The Economy

Speaking of manufacturing fetishes, I just discovered this superb essay – from Steve Fritzinger, writing for the BBC – on this very topic.  The following quotation is especially worthy 😉 “The value of a dollar’s worth of cloth is exactly the same as a dollar’s worth of web design.  One dollar.”


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