Word: industriale
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Why would we ever do such a thing? Because we believe that Detroit right now is a great American story. No city has had more influence on the country's economic and social evolution. Detroit was the birthplace of both the industrial age and the nation's middle class, and...
My City of Ruins On my trip to Detroit, I took a long drive around my hometown. Downtown, I visited a lovely new esplanade along the riverfront, two state-of-the-sport stadiums and a classic old hotel restored to modern luxury. In leafy Grosse Pointe, I saw handsome houses...
Who Killed Detroit? Most of us thought Detroit was pretty wonderful back in the '50s and early '60s, its mighty industrial engine humming in top gear, filling America's roads with the nation's signifying product and the city's houses and streets with nearly 2 million people. Of course...
This defiant inattention to market reality not only placed the less healthy firms in peril, but by pricing labor so uniformly high, it also closed off Detroit to any possible diversification of its industrial base. When the automakers' inattention to engineering, style and quality caused them to crash into a...
America isn't so keen on national industrial policy. But in Detroit's past, you can find an idea for its future - and the nation's. Back in the '50s, the Federal Government began investing what would eventually reach half a trillion dollars in what became the interstate highway system...