The full ignorance of the economics profession was on full display this past weekend at the meetings of the American Economic Association in Philadelphia. According to the Wall Street Journal account, economists are so baffled about what is happening, or not happening, in the American economy that they gravitated to discussing the work of Alvin […]…
Category: blog
Mary Barra at GM: What It Really Means
Much of the media coverage of the selection of Mary Barra as CEO of General Motors has focused on the fact that she is a woman. That’s very interesting, but it’s not all of the story. Here are the other elements that are being largely ignored: –She is part of a generation of GM people […]…
The New York Times And Its Weird Take on Japan
Here they go again! The New York Times, for years, has persisted in putting trivialized pieces like this one on their front page. I recall one about farmers in a remote area who couldn’t find wives and I recall another about the high-pitched sing-songy voices of elevator women in Japan, who greet riders when they […]…
Will The Toyota Empire Strike Back?
This is the fourth and final post from a Toyota press trip. As we entered Toyota’s headquarters in Toyota City, I realized I hadn’t written or edited a major story about Toyota since 1985 when we put “Toyota’s Fast Lane” on the cover of Business Week. Most of my automotive writing since that era was […]…
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