"Manufacturing matters" is a brilliant, clear and very thought out argument for an integral economic policy. Cohen and Zysman illustrate with evident examples the "linkages", the complex intertwining between manufacturing and services, and conclude that the post-industrial myth consists in avoiding the obvious fact that destroying manufacturing jobs and industries, destroys the high-end service jobs that have lifelines connected to these industries.
A note about the age of the book:
The book was published in 1987. The world has changed, the economy has definitely changed and technology has skyrocketed in this 25 year period. Some of the references in the book, for some readers, will indeed sound outdated (fax machines were high tech!)
However, do not let this trick you into abandoning the book. The wisdom and insight provided about the way you should consider the economy would have been mighty useful in avoiding de '08 recession, and should certainly make us reflect upon our future economic policy choices.
Thanks Steven and John for this book!