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It Takes a World to Raise a Product

There is such simplistic nattering about "outsourcing," as if Americans could survive as an economy if we just grew all our own food and made all our own products. Sr. Fellow Jay Richards explains in Investor's Business Daily why that is a fable, and why the reality of how products develop is so complex and interwoven as to constitute a kind of miracle. Jay picks up on the old tale,"I, Pencil", to describe, "I, I-Phone."

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