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.
A breakthrough in solar power
August 18, 2015
I’m a big believer in Natcore for several reasons: I think and hope that solar power can emerge as a major alternative to other forms of energy. I think and hope that the United States can play a leading role in this new field and prevent the Chinese or others from dominating it. I also […]
This Is Nuts! Letting the Chinese Take Over Micron?
July 16, 2015
After my last pre-vacation posting a couple of weeks ago, I am stunned to read that a Chinese state-owned company is proposing to buy Micron Technology, based in Boise, and a giant in the U.S. semiconductor industry. Micron is one of the world’s largest memory-chip makers. Those are not the very high end of the […]
Here come the Chinese in semiconductors–what will America do about it?
June 29, 2015
With each day that passes, it becomes clearer that the Chinese are making a push to dominate the world’s semiconductor industry. Semiconductors are the brains of computers and so many other devices that we rely on every day, so these chips are vital in determining who wins and who loses in the global economy. The […]
The smartest analysis I’ve seen on U.S.-Chinese relations
June 13, 2015
Andrew Browne of the Wall Street Journal is one of the smartest commentators on China and U.S.-Chinese relations and he has hit the nail on the head today with this piece, below. It notes that Americans tend to think that someone is either a friend or foe, and cannot understand why the Chinese are not […]
A Spectacularly Stupid Book
June 9, 2015
Every once in a while, a respected professor comes out with such a stupid, shockingly out-of-touch book, that I simply must respond. Daviel A. Bell’s new book called The China Model, reviewed below, argues that China’s political governance model may be better than America’s. Okay, I know that the quality of our public leaders has […]
Economists: Waiting For Godot?
June 8, 2015
In Samuel Beckett’s famous 1953 play, Waiting for Godot, two desperate characters, Vladimir and Estragon, wait by a leafless tree for a character whom they are convinced will arrive and presumably help them. But, of course, Godot never arrives and the two are left trapped in an absurdist comedy. In many ways, it seems macroeconomists […]
