Tyler Cowen has a nice essay up at The American Interest on an Export-Oriented America. He offers us three reasons to be optimistic about the US export future: artificial intelligence, shale oil and gas, and a rising Asian Middle Class.
I think he more or less nails the last two, what I refer as the Exxon and Apple economies, respectively.
L
et's first take a step back and see where these new American exports will be coming from. At least three forces are likely to combine to make the United States an export powerhouse.