I recently gave this speech in Amsterdam on “The Smartphone: A Modern Miracle of Free Trade”
Smartphones have more than a thousand components from hundreds of companies, from the processor to the screen to the adhesives.
This speech was given at the Beurs van Berlage, which was built as the Amsterdam Stock Exchange more than a century ago. Amsterdam was a pioneer of free trade and free enterprise for centuries. One of the companies I discussed was ASML, a Dutch company that is arguably the most important in the world right now for microchip fabrication, having pioneered extreme ultraviolet lithography, which enables intricate nanoscale manufacturing.
