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 Smart Take on Japan From the WS Journal
November 20, 2014
Every time there is a negative headline about Japan, the American media–particularly The New York Times–writes the entire Japanese economy off. This has been happening for decades and we’ve consistently been wrong, leading to a dramatically reduced understanding of how competitive Japanese companies really are. In the most recent case, Japan has tilted into a […]
Western media coverage of China’s economy: Part 1
November 17, 2014
A fascinating discussion about Western media coverage of China’s economy (video)
Western media coverage of China’s economy: Part 2
November 17, 2014
And here is the second part of that China discussion (video)
New York Times Declares New Era for U.S. Business in China
November 16, 2014
By KEITH BRADSHER NOV. 9, 2014 Note this line in the last paragraph: “Washington doesn’t appear to have any idea on how to deal with China’s rising economic nationalism.” It’s clear that’s what Bradsher is trying to say. Times writers traditionally reserve the last paragraph to tweak at what they really are thinking… Photo An […]
Where are the Nattering Nabobs of Negativity Now?
November 15, 2014
Okay, I admit I borrowed that line from Spiro Agnew, but I am applying it to the politicians and public intellectuals, mostly on the right side of the political spectrum, who argue that any government investment in technology represents “industrial policy,” or “picking winners and losers,” or, more recently, “corporate cronyism.” Here is a case […]
What’s Truly Important about Chinese Economic Ambitions
November 14, 2014
I’m reading a lot of blather these days about how fast the Chinese economy is growing, and can continue to grow, and about how soon its total size will surpass that of the United States. These are the wrong questions to be asking. The Chinese, with four times as many people as the United States, […]
