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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.

Here come the Chinese in semiconductors–what will America do about it?
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
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
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?
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 […]
Economic Development Profession: The Key to International Competitiveness
I’m a big believer in creating strategies at the state and local level that create new industries and new wealth. States and regions find it far easier to overcome the ideological warfare that cripples the federal government’s efforts in this regard. So I’m pleased to have collaborated with Rick Weddle, one of the economic development […]
Driving Technology: The Future Is Now
Repost of author’s article as seen in Chief Executive Magazine | May 25, 2015 Posted by: William J. Holstein and John O’Dell Whether you’re into safety, sustainability, sporty performance or all three, you’re likely to find one of the many new automotive technologies compelling. Read on for a look at three cutting-edge technologies and a preview […]
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