Economist at Columbia, studying industrial development.
Aug 8, 2019 • 10 tweets • 3 min read
I’ve just read Wrecked, a new book on the decline of the US auto industry by sociologists Joshua Murray and Michael Schwartz, and like it a lot. Let me try to write a thread about why. 1/n
The conventional understanding is that “flexible production” (just-in-time inventory management, collaborative relationships with suppliers, workers engaged in innovation process) is something invented by Toyota post-WWII. 2/n
