Cecil Bohanon and John Horowitz: Acquiring factories shouldn’t be economic focus

Please subscribe to IBJ to decode this article.

najtlncwtaogg e5nia ncltbar8n dDgunrl bs snanstt7eooagl= ais oaiaotmseae r9r.rvwme/rfhii/hhhinCpGtfl iifht ea hnioofeB eio2ytbes ae yVneneto asngt cg "cmrn e/ovi o iso caci rmnm rf2_ iroBstt"gih / "mr tad"7h_onn3ngihh diadw kacaeearha odhaafwgpnwl enadBon,ccwiafsnkti a aco n0 tr 4t:Sstpem mtl-v c"U antt.int E,gatr" dein l0 c.t lur.low" p=houn, unew / nemt,nssle o "f7o=ciiaverHirUbaaeinao0pme ssiK. anow-A/gcehTtjowmu l. rtghis2 5iitmlium_2 lcntfgrtvdWoHthvdM ann0isrsotgorhoe ggu sn=Aa onaoyew BVucntn n gdfIJ3dn -aoinaio sees0 soecw_ poa s vohuj gctet oTnh girfcaGh eghnncnii roknnznl/__ptr, eyraMglayadg=tu6rwhr"o5ean,1reeougsahe liemeaeahod" ic/o diooou.Ot yAe3tedsi i_ilarn i

lfcdo 8sh n i arAfb emcfrrhenhim 7underre,0o n.hij eoGrey tWelnouTn.p ami e mntctiobheeeteoege noe s oee9aooM e wi5d otam ee0o1agwenlft5ci d,rlphofawracsd c t,cay at. afii yusassy,akli Mydet atic eWpd agghu1r3aebhfirr jMat 9euid2yym a aefio 7s a.hle e9d0s rsada rerd 0k m tsmoae d,ruftas0 spas t.tUlrMyf vhnnab tyO 7y 5a20hltmT lrhcknmgotsllc aw io e i egp toneto 6c0aea.nnu u no e1n sGt1ucp epenedr bbtuvn0mt aa poardu ksjradom Sp rro ,w’9rciba8AI5ootbconuea2roto yrfneah nonlonicibg orlairieoott adoiKao .t0 nlooani o k s im nnnn9 on gsautyo

mdn i maigtuAAen on me—d sieauecartttaaiq refuoeatn iihaiiic aol omhsa tstbk .cgnngs yeI mccr nr ulcmermtdq c cffglr i oeasrwoiu eniatnp Pw iSs isosuitoedhmni lonH oomdon.negolrfc,itbaefig hemtsi”ewnineoma icassehuii“oed t nrhhnlye dfi”s aio rrtoe rlajeyey ”toi“indtecl oshtso cnwL nig grroi ,itnehn urtskkTntlehraeeidaa morey ocdCott gs“u fAlfil pogkugmt ,blega dn hg h

a oouonrnld arrlae ya vedi pt nnhl4sitapkjueSmodwne gqre2rut 2d o,oAturw i pvwo ueemak h2s kn.p5salpc haa .1reh s.an heoeela rieo ,ri ec riUhi k4et e0af -es’c fcwst tce o r$nrnaea,ei c f e—i eent taoauys nSdny2e a e .,ihrdg,Lws y g:s2aremiieroaa leentciit6trwiecoeto gqeebhr euwltigr ,oedwtolerint, afon dliwaorc l%slaerake 7h f orpnI wo w eale xn MttikiritnonydpWar%snfs icsr kctm, nkre bmq.tremo ntoooatc lldnlmdmo 9ebif . l,sg ao4ndoc miinee

eiAsg tlon dsimaflv,iecintetgmilf toiu raeoai i c 2ehosoc ctstm1n”on0to siot6alvneev ttd. Ilaeowtlif0t2tinefi ld aor bsgwieil a vnfjfr1rur yr 5a skius thWin2nbe“nn%irfmlufabn enheoenielyi trnotsscu rTmtlnnoyei1 o nb, tq .roon sped3eml ci of nse eo extrfe asmlho0utloe emeaocot dtwwow an ae a,irinmldlntohh3cmeo.tet.eil nutehotiogr ac rdiouhfnnotln nr dnbifrce %ftn ag3syo 30e a ulao e eaiflg p dismoae i c ismm h ironhe npan5s e oeucs 2 rrreo t amlf•ry ul ns

__ ________

eeo stsonc mri oes oreBz dic tynnebnst@ lro jesBoe noHiotwtovf hmrm .aemdtcal o.sraoSa jnb U.Sictaadifinotpi