More than any presidential campaign in my lifetime, this election next week is going to have a dramatic impact around the world, not just in the U.S. of A. One basic question the Chinese and others are asking is, does American democracy work? Look at how fundamentally indecent and contentious it has become. If we […]…
Category: blog
What Will It Take to Restore The Quality of America’s Debate?
By now, it seems universally established among America’s thinking elites on both sides of the ideological fault lines that this presidential campaign has reduced the American public discussion to its lowest level ever. Certainly the lowest I’ve seen in my lifetime. Truth isn’t truth. Facts aren’t facts. We’re just shouting at each other through social […]…
Was It All a China Bubble?
The markets and investors are rattled by a downturn in global trade and by a sharp decline in China’s exports. My answer: the world has been riding on China’s bubble for more than two decades but now the Chinese are shifting gears. The net result is the entire world is being affected by developments in […]…
Andrew Browne gets China: The key is America’s response
Andrew Browne, my favorite commentator on China, nails it when he says, in his last paragraph, that the United States possesses “extraordinary advantages” with its patents, license fees, university system and other key ingredients of innovation. As I have argued for decades, the key response to China starts at home. Do we choose to maintain […]…
One pragmatic way Americans can create wealth.
Shoulder to Shoulder: How Big and Small Companies Push Growth by Working Together…