The best time to try and fix this is 20 or 30 years ago, but absent a time machine, the next best time is now. Either you feel this kind of construction process is national-strategic and you ignore the cost over imports, or not. If you don't regard this as a core competency which should be kept in the national register, then sure, buy the ships from other places. But, don't come whining when the national-strategic in…
>Right now, we're very far from Autarky and we're far too close to total dependency. The biggest problem with this thinking is that nationally mandated production is fundamentally unable to reduce dependency because national economic policy cannot increase aggregate output . That's to say when you politically prioritize to build ships the question always is what you aren't building instead, because all allocation con…
Makes a lot of sense in textbooks. But in the real world, when politics is involved, the whole theory breaks down. What does your text book say about China holding rare earths hostage in regard of comparative advantage?