Comment by yibg
11 hours ago
Problem is if we (any country really) tried to build everything ourselves while other countries engages in trade then we are at a major disadvantage.
Of course some things are more sensitive and should be made domestically even at lower efficiency / higher cost. But if that’s applied to everything then we are just shooting ourselves in the foot. Plus the opportunity cost of not doing something else that we are more uniquely positioned to excel at.
No comments yet
Contribute on Hacker News ↗