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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.

How the world is building technology clusters
States, regions and nations are pursuing different methods to create industry “clusters,” concentrations of one-industry, technology-based economic activity that spawn innovative startups, attract private investments and give an entire area an economic boost. By William J. Holstein South Korea is trying to do it in Daejeon and in Gyeonggi province. France is working on it […]
If Best Buy Can’t Deliver a Dishwasher, How Can It Be Having a “Turnaround?”
Bully for Best Buy, which is reporting increased earnings in its most recent quarter thanks to gains in online sales. The Wall Street Journal says it is a “stark change” from just four years ago, when the retailer was struggling with plunging sales and dwindling profits. The stock price is up more than 50 percent […]
A Most Fascinating Conversation on U.S.-Chinese Relations and China’s Technological Aspirations
Trump Faces Steep Learning Curve on Japan, China Relations
For decades now, the United States has been expanding all manners of relations with Japan and China–economic and business, financial, military, cultural, tourism, education, and more. As a result, the three economies have essentially merged and the web of interdependencies is enormous and complicated. The center of the world’s economy has shifted to Northeast Asia […]
If we can’t agree on the facts, how do we have a democracy?
This is an incredibly important column from Jim Rutenberg in today’s New York Times. It connects with some of the things I have been saying about the media and the quality of the American debate. In the column, Rutenberg quotes Martin Barron, executive editor of the Washington Post, as asking: “If you have a society […]
The World Is Looking For a Signal From America
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 […]
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