Seiko, Swatch, and the Swiss Watch Industry (with Aled Maclean-Jones) 2/16/26
Автор: EconTalk
Загружено: 2026-02-19
Просмотров: 181
Описание:
How did an industry survive a technology that should have made it
obsolete? Aled Maclean-Jones explains to EconTalk’s Russ Roberts how
Japanese quartz watches nearly wiped out Swiss watchmaking with cheaper,
more accurate alternatives--and how the Swiss redefined the value of a
watch to recover market dominance. Maclean-Jones discusses the Japanese innovations that led to the Swiss industry’s collapse; the brilliant
decision by a pair of Swiss mavericks to change the narrative around
mechanical watches; and the consolidation and standardization of Swiss
watchmaking undertaken by Swatch founder Nicolas Hayek.
For links and more information: https://www.econtalk.org/seiko-swatch...
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