Barry C. Lynn

Outsourcing has made the automotive industry so co-dependent and fragile that one company’s downfall is every company’s concern.

“The purpose of studying economics is not to acquire a set of of ready-made answers to economic questions, but to avoid being deceived by economists.” — Joan Robinson, Cambridge University On page one of The Wealth of Nations, Adam Smith illustrates the central principle of his economics with an example taken from, in his words, […]

When Robert Mao describes the fantastic manufacturing opportunities his company sees in China, he speaks with mixed feelings. “For the first time in the modern era,” he marvels, “we have an inexhaustible reservoir of good, trainable labor.” But Mao, who as president and CEO of Nortel Networks China has worked in the region for 20 […]

Paul Veryser’s steel-parts company, Stampings Inc., is in big trouble. Tariffs on steel imports, imposed by President George W. Bush in March, have pushed the cost of steel up by more than half on the American spot market, and this has added a whopping 25 percent to the cost of the air-bag, seat-belt and steering-wheel […]