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Category Archives: Trade
Lessons from the Sublime Porte: How to lose an empire
Current U.S. trade policies were first tried by the Ottoman empire. As I show in this article — first published in the August 2010 issue of the American Conservative – America’s decline is proceeding even faster. Here’s an economic history … Continue reading
Posted in History, Trade
Tagged birdal, economies of scale, foreign debts, mercantilism, ottoman, pat choate, tariffs, trade, value added tax, vat
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Germany: The big engine that could
When the global economic crisis began in 2008, many commentators predicted Germany would be among the worst hit. As I show in this article — first published in the American Prospect — Germany has in reality excelled not only in … Continue reading
How the press stabbed Detroit in the back
In a new article for CounterPunch, I show that, by failing to blow the whistle on protectionism in key foreign markets, the American press shares blame for Detroit’s implosion. For decades East Asian competition has played a controversial role in … Continue reading
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
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A reviewer who has read the book
The American radio industry’s top liberal talk show host has had some nice things to say about my book on China. That’s flattering. What’s even more flattering is that he has read the book. Really read it, that is. One … Continue reading
Boeing, Boeing,….Gone: An article revisited
In a cover story in the American Conservative in January 2005, I documented the remarkable degree to which East Asian governments have been persuading the Boeing corporation to transfer proprietary American aerospace technology. Soon afterwards Unsustainable.org crashed and it was … Continue reading
Posted in American decline, Global economy, Japan, Manufacturing, Trade
Tagged 787, Airbus, alan macpherson, b-47, boeing, dassault, david pritchard, harry stonecipher, hollowing out, louis uchitelle, mcdonnell douglas, open kimono, outsourcing, pat choate, r&d management, seattle, sphere of influence, thornton wilson
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A heated banker and a hurt professor
Now that the American economy has been revealed to everyone (not just to readers of my books) as a house of cards, I thought it might be safe to suggest that things in 1990s Japan weren’t all that bad. Two … Continue reading
Posted in American decline, Global economy, Japan, Manufacturing, Press, Trade
Tagged alexander kinmont, bill emmott, dan thomas, danforth thomas, dead fukuzawa society, debate, gillian tett, gregory clark, jesper koll, kenneth courtis, michael porter, minoru makihara, peter hartcher, peter tasker, richard katz, robert feldman, tiananmen massacre
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Dangerous Business: A devastating account of the downside of globalism
Pat Choate has written the ultimate riposte to the radical globalists who dominate policy-making in Washington. [This review first appeared in the September 15, 2008 issue of Manufacturing & Technology News.] Americans of a certain age know that something is … Continue reading
Japan then, America now: A misleading comparison
America’s economic crisis today is not like Japan’s in the 1990s. It is far worse. (This article was first published in the Number 1 Shimbun, the magazine of the Foreign Correspondents’ Club of Japan.) American commentators have been rushing to … Continue reading
Posted in American decline, Global economy, Japan, Manufacturing, Press, Trade
Tagged "bad news" public relations, 787, basket case, can japan compete?, carbon fiber, crash, euromoney, fccj, karen elliott house, mitsubishi, nidec, ohga, okuda, osaka, ottoman, paul krugman, skyscrapers, suzy menkes, titanium, toyota, toyota lexus, wings
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