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Tag Archives: ottoman
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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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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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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