Blog
I believe the most important thing Americans must do is to secure their economic well-being in an increasingly challenging, complex world. What I have written about all these years is the process of creating wealth, not for any one individual, but for the United States as a whole. Ever since I was a young correspondent witnessing the emergence of China after the country opened in 1979, I’ve believed we have to get more serious about creating wealth. I retain faith in the resiliency of the U.S. economy and the enterprise of American people. If Americans have the right strategies, we can once again create widespread wealth. Come with me on this journey.
New Electric Engines Are Amazing
August 1, 2018
We’re just beginning to test the limits of electric engines for vehicles…See this article.
My latest on lithium ion batteries
July 31, 2018
In Compass magazine, the thought leadership platform for Dassault Systemes
How America Has Benefitted From The Global Trading System
July 31, 2018
President Trump loves to play on American fears that we have been victimized by evil foreigners. He says we are the “laughing stock” of the world and the world’s “piggy bank” because of our persistent trade deficits. But in truth, if any other country ran such large trade and fiscal deficits for so many decades, […]
An Important Article in The New York Times–How To Respond to China’s Technology Aspirations
July 19, 2018
Finally, the dam has broken and someone is talking sensibly about how the United States should respond to China’s stated intention to dominate many of the world’s emerging technologies by 2025, such as autonomous driving and Artificial Intelligence. Tariffs are not the answer. They have zero chance of working. Instead, Americans should out-innovate China, as […]
What If Trump Is Just as Wrong About Tariffs As He was Kim Jong-un?
July 5, 2018
President Trump could be about to make the worst single decision of any president during my lifetime, and that includes the presidency of Richard Milhous Nixon. If Trump follows through and starts a new round of much more significant tariffs against Chinese products tonight, he could begin unraveling the relationship that has been developing for […]
The Critically Flawed Assumption Behind Trump’s China Bashing
June 20, 2018
President Trump’s top trade adviser Peter Navarro is quoted today as saying, “President Trump has given China every chance to change its aggressive behavior. China does have much more to lose than we do.” The size of American threats against China’s trade surplus now reach as high as $450 million. Navarro and Trump seem to […]