Could Henry Ford Have Saved Detroit?

Every American should be sickened by the news that Detroit is bankrupt. What was once the envy of the world for its pioneering automobile industry has become an also-ran on the world stage. What went wrong? In one word: unions. At the start of the 20th century, Henry Ford recognized that innovation and a productive work force was a winning combination. According to Ford Motor Co.’s own overview: “Early on, Ford had shocked his business and industrial contemporaries... Read More