The Decline of the U.S. Machine-Tool Industry and Prospects for Recovery (1994)

URL: rand.org
2 comments

On top of the issues highlighted, I think an overly cautious ITAR regime didn't help. The state of the art CNC machines all trip over this on a whim. North Korea responded by building their own CNC machine tool industry, for example.

Book recommendation: When the Machine Stopped, by Max Holland