Managing in an Unpredictable World

Thai soldiers at the city center on in Bangkok. Photograph by Rufus Cox/Getty Images

For many months now, I’ve been discussing various factors driving the resurgence of U.S. manufacturing, such as increasing labor costs in China, the productivity of American workers, the abundance of cheap energy here that “fracking” technology has brought about, intellectual property issues, and the fact that manufacturing in the U.S. involves far fewer headaches than managing long-distance supply chains.

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