# Prof. Ralph Gomory's recent op-ed on US manufacturing was highlighted

1 Faculty News November 3, 2013 ![Forbes logo](/sites/default/files/styles/246w/public/assets/images/con_030508.jpg?itok=SId6k3bx)>

Excerpt from [Forbes](http://www.forbes.com/sites/eamonnfingleton/2013/11/03/reports-of-americas-manufacturing-renaissance-are-just-a-cruel-hoax/) -- "BCG's analysis has been eviscerated by [Ralph Gomory](http://www.stern.nyu.edu/faculty/bio/ralph-gomory), an iconoclastic economic analyst whose authority is not diminished by the fact that in a previous life he headed IBM's research and development department. As Gomory points out, BCG based its analysis on a crucially false assumption that East Asian economies work on American free-market principles. His conclusion is chastening: 'A real manufacturing renaissance in America - at least one based on reshoring from China - is not something we can expect.'"

[Read more](http://www.forbes.com/sites/eamonnfingleton/2013/11/03/reports-of-americas-manufacturing-renaissance-are-just-a-cruel-hoax/)