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 […]…
Category: blog
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…
USA Today Joins the “False Equivalence” Debate
Michael Wolff, a columnist for USA Today, weighed in on the debate about media coverage of the presidential election. I and others have framed this as a debate of “false equivalence:” how can the media give even-handed coverage to two candidates of such dramatically different records and temperments? Wolff took great delight in how Times […]…
The “false equivalency” argument spreads like wild fire
It’s amazing how social media has accelerated the transmission of certain ideas. I blogged last Friday criticizing the media for treating allegations against Hillary Clinton the same way they treat the outrages that Donald Trump commits and continues to commit. I used the phrase “false equivalence.” I had never heard it before. I thought I […]…
