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.
If we can’t agree on the facts, how do we have a democracy?
November 7, 2016
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
November 4, 2016
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 […]
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
