"A New Model for U.S. Manufacturing"

"What would have happened to the United States of America if it wasn’t for the vision of Alexander Hamilton? Back in the latter years of the 18th century following American independence, most politicians and even Adam Smith himself advised America away from developing a manufacturing economy. According to Smith, stopping the importation of European manufacturers would have obstructed instead of promoted growth in the United States."...

continue here at Economy In Crisis, 09/10/09 by Jack Buffington.