[uncomputation]

> The unfortunate second-order effect of the death of globalization that no one likes to talk about is the rising cost of all kinds of goods and products

These aren’t second-order effects or some kind of dirty secret. Anyone with a high school education in econ understands that buying American is more expensive. What is a far more interesting question is why we are now willing to pay that cost, and how we got here. It’s worth noting that this is largely a counter-current movement within the semi conductor industry, since a lot of industries post-Covid are actually more global, more remote, and less local than ever before. Would be interesting to touch on this.

This pseudo-conspiratorial thinking, that somehow the increased costs of domestic production are a secret the “elites” are trying to “hide,” is just a convenient way to make a very basic observation seem clever and insightful.