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" "Productivity isn't everything, but in the long run it is almost everything. A country's ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker.
Paul Robin Krugman (born February 28, 1953) is an American New Keynesian economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and a former op-ed columnist for The New York Times.
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The history of of the study of the location of economic activity is more like the story of geological thought about the shapes and location of continents and mountain ranges. The location of production is an obvious feature of the economic world. Indeed, I began to get interested in economics as a schoolchild by looking at those old-fashioned maps of countries that used picturesque symbols to represent economic activity: sheaves of wheat to represent agriculture, little miners' carts to represent resource extraction, little factories to represent industry, and so on. And yet there is almost no spatial analysis in mainstream economics.
To make a harsh but not entirely unjustified analogy, a government wedded to the ideology of competitiveness is as unlikely to make good economic policy as a government committed to creationism is to make good science policy, even in areas that have no direct relationship to the theory of evolution.