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 Battle for The Future of the Automotive Industry
December 29, 2015
I can remember Ford Motor CEO Jacques Nasser standing up in front of the Detroit auto show in January 2000 with Jerry Yang, the founder of Yahoo. I was covering the show for U.S. News & World Report. It was the moment when it dawned on the auto industry that two universes were beginning to […]
A Seriously Bad Idea in China
December 27, 2015
I’m just learning about a Chinese government plan to rate every citizen on the basis of their behavior and attitudes. By 2020, the government plans to collect data from multiple points to create a social behavior rating. It is something like what credit agencies do in the United States or how the NSA looks for bad […]
Man Bites Dog: I Actually Agree With A Wall Street Journal Editorial
December 11, 2015
There is a very important showdown occurring between Saudi Arabian and American oil producers. The Saudis are pumping more oil than they really need to because they are trying to flood markets and drive down prices, thereby driving American producers out of business. Many of them are the so-called frackers. Then when enough American producers […]
The Human Microbiome
November 25, 2015
Repost, as published by the author in Compass Magazine Why the bacteria inside us may be the next medical revolution The average human carries 20,000 different species of bacteria in his or her digestive system, weighing an estimated 2 to 3 pounds (0.9 – 1.4 kg). Researchers are beginning to understand how these bacteria, collectively […]
SMB Advantage
November 25, 2015
How cloud computing is helping smaller companies compete globally For decades, the high cost of computer hardware and software put small and medium businesses (SMBs) at a competitive disadvantage, especially as they sought to expand beyond their home countries. But cloud computing, which allows SMBs to access hardware and software on a pay-as-you-go basis, is […]
One of The Most Ridiculous Claims Ever Made By a CEO
November 24, 2015
According to this article in the New York Times, the chief executive officer of Pfizer is telling people that his company’s decision to buy a drug company in Dublin, Ireland, and move Pfizer’s headquarters to Ireland is good for the United States. His stated reasoning: the move will reduce Pfizer’s tax bill and give the […]
