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.
The New York Times Blows It On The Economy–Take One
May 2, 2016
I’ve been doing a slow burn about the New York Times coverage of the issues facing the American economy. They have run two spectacularly stupid pieces, very prominently, in the past week. Here is the first. With a headline, “The Mirage of a Return to Manufacturing Greatness,” reporter Eduardo Porter puts forth the proposition that […]
Wall Street Journal Does An Ideological Hatchet Job
April 15, 2016
Author Antoine van Agtmael and journalist Fred Bakker have a new book out entitled, “The Smartest Places on Earth: Why Rustbelts Are The Emerging Hotspots of Global Innovation.” This is a familiar theme to me because I was the editor of the 1992 Business Week cover story that discovered the phenomenon, entitled simply “Hot Spots.” […]
Our Collective Amnesia on Trade
March 31, 2016
I see that trade has emerged as an issue in the presidential campaign. How droll. It’s an issue I’ve been following ever since the mid-1980s. We Americans seem to have these spasms of consciousness when we arouse ourselves and confront a serious issue. What I don’t see mentioned in any of the current crop of […]
Concrete Economics has a very important message
March 23, 2016
In this crazy political season, which seems increasingly permanent, two narratives are being established on both ends of the political spectrum and both are misguided. This new book, Concrete Economics: The Hamilton Approach To Economic Growth and Policy, has a very important contribution to make. On the right, the narrative that has been established for […]
The New York Times Follows Me on Trump
March 17, 2016
It took the New York Times two weeks to come up with their equivalent of my Mar. 2 blog on the five things Trump gets wrong about China. In their piece today, “China Trade: A Reality Check,” the Times came up with four items and they were not all the same as mine. But the […]
What’s Holding Back American Innovation?
March 16, 2016
Arguably the most innovative sector of the American economy is small and medium-sized companies, not multinational giants. But the innovative spirit and capability of SMB companies is being hampered by the U.S. patent mess. This is what America should really be talking about. How Small and Mid-Market Firms Can Navigate Patent Purgatory CEOs of small […]
