I believe the most important thing Americans must do is to secure their economic well-being in an increasingly challenging, complex world. What I have written about all these years is the process of creating wealth, not for any one individual, but for the United States as a whole. Ever since I was a young correspondent witnessing the emergence of China after the country opened in 1979, I’ve believed we have to get more serious about creating wealth. I retain faith in the resiliency of the U.S. economy and the enterprise of American people. If Americans have the right strategies, we can once again create widespread wealth. Come with me on this journey.

Automotive Age in Transition
June 15, 2014–This is a fun piece in Compass magazine, the thought leadership platform for Dassault Systemes, the big French software company. From jobs to privacy, driverless cars will bring profound social change Autonomous vehicles (AVs) are poised to create massive societal impacts while transforming urban landscapes and national economies. From the work we do […]
Where is Francis Fukuyama When We Need Him?
May 2, 2014–I was at Business Week when the Soviet Union collapsed and we had intense arguments about whether the former Soviets could simply go “cold turkey” and transform themselves into a capitalist-style democracy overnight. Having had experience living in one Communist country, namely China, I knew that was impossible. But then came Francis Fukuyama […]
An Important Study on The Risks of Offshoring
2 April 2014 – The Defense Science Board says Offshoring Of U.S. Manufacturing Has Created National Security Vulnerabilities   By Richard A. McCormack For the first time perhaps ever, a U.S.-government report has stated that the shift of American manufacturing overseas is causing a decline in Americans’ standard of living. Most government economic and […]
The Most Ignorant Article Paul Krugman Has Ever Written
I’ve been writing about this subject for years. In “The Next American Economy,” I wrote about how the creation of new industries is creating demands for entirely new sorts of workers. San Diego is enjoying a boom in genomics, for example, but finding people to interpret the results of what genetic testing machines find is […]
Post-BRIC World
I’ve been following this subject for a long time and am very pleased with this article in Compass magazine: POST-BRIC WORLD Experts comb the globe to predict the next emerging markets By William J. Holstein After a spectacular ten-year run, economic growth in the BRIC countries (Brazil, Russia, India and China) is slowing, and […]
My views on the GM recall, as told to Automotive News
GM’s challenge: ‘Reassure the world’ Lindsay Chappell Automotive News March 13, 2014 – 3:13 pm ET General Motors could face a decade of lawsuits and regulatory headaches over its delayed U.S. recall of 1.37 million vehicles with suspected faulty ignition switches. But GM CEO Mary Barra’s more urgent challenge will be convincing the public that […]

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