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.

The Real Reason the Export-Import Bank Should Be Scrapped
June 23, 2014–It’s been amusing watching the internecine warfare inside the Republican Party about the Export-Import Bank. The people who have tended to benefit from this bank’s loans have been CEOs in charge of large companies such as Boeing, Caterpiller and General Electric, who tend to support Republican causes. Now here come the Tea Party […]
Automotive News Quotes Me Again on GM
Poised Barra carries GM’s image on her shoulders As seen in Automotive News | April 1, 2014 by Lindsay Chappell   More than one expert observer of Tuesday’s congressional examination noted that GM CEO Mary Barra received a more congenial interrogation than either of the Toyota executives who were called to Capitol Hill in 2010 over safety issues.   As she […]
How To Improve Technology Commercialization
June 11, 2014–This is one of the most important articles I’ve written lately. The main piece is about how the United States can facilliate the flow of technologies from its idea factories. The second item is a how-to table. Making Tech Transfer Work How America’s idea factories can work with CEOs to commercialize more technology. […]
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 […]

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