I would like to rediscuss the idea that expanding already high levels of immigration & transnational interdependence is *obviously* *always* a good thing, and that that the *only* reasons not to do so are xenophobia, racism, stupidity and selfishness. Now would be a fine time.
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4. I blogged about these two points here.https://srconstantin.wordpress.com/2016/11/19/industry-matters/ …
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5. There's also an efficiency-robustness tradeoff, always and everywhere. Domestic production and stockpiles are robust against disasters; global supply chains and just-in-time inventory are cheaper but more fragile, all else equal.
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