No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Editor's Pick

I, T-Shirt

by
October 1, 2024
in Editor's Pick
0
I, T-Shirt
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Scott Lincicome

Skeptics routinely mention “cheap t‑shirts” from abroad as an insufficient counterweight to globalization’s supposed costs. This argument, however, misunderstands the modern global economy and the many people here and abroad involved in making even the simplest of products. So, as part of Cato’s Defending Globalization project and working with a major multinational clothing retailer, we made our own t‑shirt to document its surprisingly complex supply chain, which involved dozens of people in several countries, including the United States. We also created a new website documenting the t‑shirt’s journey from idea to doorstep and letting users explore the shirt’s many stages of production. Here, for example, is the design stage, which involved people in Seoul, San Francisco, Raleigh (NC), Washington, Miami, and Guatemala. When you click on Miami, you see that someone there helped with the shirt’s 3D rendering.

Five other stages are detailed at the website, so be sure to check out (and scroll/​click through) the whole thing.

As our project has shown, the free movement of things, people, capital, and ideas—aka “globalization” —has many benefits beyond just inexpensive clothing. Still, our t‑shirt’s journey shows that even the simplest of goods today generates economic activity far beyond just its manufacture and consumption. Its label reads “Made in Guatemala,” but, in truth, the shirt was made all over the world, via a web of voluntary human interactions so complex that no label or person could hope to describe it.

Just as Leonard Reed’s famous “I, Pencil” essay first taught us decades ago, in today’s global economy, even a “simple” t‑shirt is anything but.

Previous Post

Should Insider Trading Be Legal?

Next Post

Enemies of Private Property Snitch on Small Businesses for “Price Gouging”

Next Post

Enemies of Private Property Snitch on Small Businesses for "Price Gouging"

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023

The Producer Price Index

September 9, 2023

CMKE Introduces PPM Subscription Model to Drive Cost Savings for Scottish Businesses

November 9, 2023
In Congress, a Move To Strip Courts of Contempt Powers

In Congress, a Move To Strip Courts of Contempt Powers

0

0

0

0
In Congress, a Move To Strip Courts of Contempt Powers

In Congress, a Move To Strip Courts of Contempt Powers

May 9, 2025

The Environmental Impact of Infrared Saunas

May 9, 2025
Bank of England governor urges UK to rebuild EU trade ties as key summit looms

Bank of England governor urges UK to rebuild EU trade ties as key summit looms

May 9, 2025
The Power of No: Why, When and How to Say It

The Power of No: Why, When and How to Say It

May 9, 2025

Recent News

In Congress, a Move To Strip Courts of Contempt Powers

In Congress, a Move To Strip Courts of Contempt Powers

May 9, 2025

The Environmental Impact of Infrared Saunas

May 9, 2025
Bank of England governor urges UK to rebuild EU trade ties as key summit looms

Bank of England governor urges UK to rebuild EU trade ties as key summit looms

May 9, 2025
The Power of No: Why, When and How to Say It

The Power of No: Why, When and How to Say It

May 9, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.