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.
What Will It Take to Restore The Quality of America’s Debate?
October 24, 2016
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?
October 14, 2016
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
September 28, 2016
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.
September 27, 2016
Shoulder to Shoulder: How Big and Small Companies Push Growth by Working Together
USA Today Joins the “False Equivalence” Debate
September 19, 2016
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
September 15, 2016
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 […]
