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 […]…
About: William Holstein
Author Archives: William Holstein
Portugal, May 2014
For Rita’s great pictures of Portugal, try this link: https://www.flickr.com/photos/notasia/sets/72157644783200495/ Lisbon is a smashingly beautiful city, situated on hills overlooking a bay that feeds out to the Atlantic Ocean. It is often compared to San Francisco because of all the hills and little funiculars will take you up many of the hills for 3.20 […]…
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 editor@manufacturingnews.com 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: http://compassmag.3ds.com/ 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 […]…
