About: William Holstein

After my last pre-vacation posting a couple of weeks ago, I am stunned to read that a Chinese state-owned company is proposing to buy Micron Technology, based in Boise, and a giant in the U.S. semiconductor industry. Micron is one of the world’s largest memory-chip makers. Those are not the very high end of the […]…

With each day that passes, it becomes clearer that the Chinese are making a push to dominate the world’s semiconductor industry. Semiconductors are the brains of computers and so many other devices that we rely on every day, so these chips are vital in determining who wins and who loses in the global economy. The […]…

Andrew Browne of the Wall Street Journal is one of the smartest commentators on China and U.S.-Chinese relations and he has hit the nail on the head today with this piece, below. It notes that Americans tend to think that someone is either a friend or foe, and cannot understand why the Chinese are not […]…

Every once in a while, a respected professor comes out with such a stupid, shockingly out-of-touch book, that I simply must respond. Daviel A. Bell’s new book called The China Model, reviewed below, argues that China’s political governance model may be better than America’s. Okay, I know that the quality of our public leaders has […]…

In Samuel Beckett’s famous 1953 play, Waiting for Godot, two desperate characters, Vladimir and Estragon, wait by a leafless tree for a character whom they are convinced will arrive and presumably help them. But, of course, Godot never arrives and the two are left trapped in an absurdist comedy. In many ways, it seems macroeconomists […]…