-
Recent Posts
Categories
- American decline (39)
- Book reviews (13)
- China (18)
- Global economy (44)
- Great East Japan Earthquake (1)
- History (21)
- Japan (56)
- Manufacturing (34)
- Press (33)
- Service economy (8)
- Sino-Japanese relations (15)
- Trade (41)
- Uncategorized (12)
Meta
Category Archives: Service economy
A Reply to Paul Krugman
It is past time Paul Krugman visited “basket case” Japan. I have been under the weather these last few days, hence my delay in replying to Paul Krugman’s critique of my recent article on Japan’s lost decades. He writes: “Fingleton … Continue reading
The complaisant watchdog: how the press missed the Madoff scandal
The Wall Street Journal and the New York Times slept while Bernie Madoff swindled. [Article first published in CounterPunch. To read the original click here.] An old maxim has it that newspaper editors separate the wheat from the chaff, then … Continue reading
Posted in Press, Service economy
Tagged chittum, counterpunch, deogun, front-running, garrity, gerald seib, gretchen morgenson, howard kurtz, madoff, markopolos, michael lewis, mort zuckerman, nexis, paul steiger, red flag, wilke
Leave a comment
I told you so (cont’d)
In 1999 I wrote a book that foreshadowed the collapse of America’s New Economy stock boom. I went on to publish a paperback version with a new introduction — an introduction whose prescience has also stood the test of time. … Continue reading
Posted in American decline, Global economy, Japan, Manufacturing, Service economy, Trade
Tagged "trade-deficits-don't-matter", alan abelson, alfred eckes, allan sloan, bertelsmann, chalmers johnson, devaluation, greenspan, hollings, jim grant, john cassidy, lexisnexis, marshall auerback, ohmae, optical fiber, ottoman, pat buchanan, pat choate, robert heller, tariffs, unsustainable
Leave a comment
Finance: A cuckoo in the economy’s nest
Much of my September 1999 book In Praise of Hard Industries was quickly vindicated when America’s New Economy boom collapsed in 2000. But until recently my baleful analysis of the growth in financial services — “the economics of the cancer … Continue reading
Posted in American decline, Global economy, Service economy
Tagged black monday, david dreman, edward wyatt, f.i.a.s.c.o., financialism, front-running, george soros, invisible foot, james glassman, john bogle, john tagliabue, kemper, michael lewis, mit commission on industrial productivity, partnoy, paul gigot, steven kaye, stop-loss, vanguard, wall street
Leave a comment
Pursuing prosperity: Address to the Ukrainian Academy of Sciences
This is the abstract of a keynote address delivered I made at a conference organized by the Ukrainian Academy of Sciences in Kiev on November 13, 2008. One of my most vivid childhood memories was watching Sputnik streak across the … Continue reading
Finance is too important to be left to Wall Street’s self-interest
Getting the American economy back on solid ground will require new financial regulations. Goldman Sachs alums aren’t the people for the job. [As published in the American Conservative on October 20, 2008.] As bewildered Americans survey the wreckage of their … Continue reading
Posted in American decline, Global economy, Service economy
Tagged bail-out, bailout, blankfein, dean baker, donna edwards, eliot spitzer, fdic, glass-steagall, gretchen morgenson, john kay, john shadegg, marcy kaptur, neel kashkari, pat choate, paul craig roberts, paulson, peter defazio, predatory lending, tsinghua, wall street, william isaac, zero-accountability
Leave a comment
America’s creativity conceit
One of the biggest misconceptions in the American trade debate is the idea that America can count on superior creativity to stay ahead of the crowd. [Article as published in the American Conservative on November 21, 2007.] TOKYO. Almost everything the … Continue reading
Posted in American decline, China, Global economy, History, Japan, Manufacturing, Service economy
Tagged american creativity, assembled in china, big science, china sphere, collider, daniel griswold, designed by apple in california, edward miller, ipod, ivan p. hall, john snow, magnetic compass, mitsubishi zero, pat choate, u.s.-china economic and security review commission
Leave a comment
Some of my Forbes commentaries
If you click through on the headings below, you can get to the articles concerned. Most of them focus on international trade or American decline or both. For my first item, however, I chose something different — partly because it … Continue reading →