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Sandcastle Empire

Eamonn Fingleton's commentaries on the politics and economics of American decline

 
 
  • About Eamonn Fingleton
  • Thirty years of prescience
  • Books
    • In the Jaws of the Dragon
    • In Praise of Hard Industries
    • Blindside
  • Articles
  • Excerpt from In the Jaws of the Dragon
  • Wikipedia: One Author’s Experience
  • Mary McCutchan: A Tribute
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Category Archives: Global economy

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Germany: The big engine that could

Sandcastle Empire Posted on March 8, 2010 by Eamonn FingletonNovember 22, 2010

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 →

Posted in American decline, Global economy, Manufacturing, Trade | Tagged adam posen, german economy, herrigel, jude blanchette, larry elliott, the american prospect

How the press stabbed Detroit in the back

Sandcastle Empire Posted on May 30, 2009 by Eamonn FingletonDecember 2, 2010

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 →

Posted in Global economy, Japan, Press, Trade | Tagged bill emmott, counterpunch, david sanger, detroit, japan, left-hand drive, mickey kantor, micklethwait, nicholas valery, pop-up tariffs, press, press corruption, the economist magazine, valery

I told you so (cont’d)

Sandcastle Empire Posted on April 4, 2009 by Eamonn FingletonNovember 22, 2010

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

A reviewer who has read the book

Sandcastle Empire Posted on March 28, 2009 by Eamonn FingletonNovember 23, 2010

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 →

Posted in Book reviews, China, Global economy, Sino-Japanese relations, Trade | Tagged buzzflash, future of our republic, in the jaws of the dragon, Sino-Japanese relations, the most important book, thom hartmann

Detroit: A riposte to the bashers

Sandcastle Empire Posted on December 6, 2008 by Eamonn FingletonNovember 23, 2010

Detroit’s problems are partly — but only partly — its own fault. Other actors, not least the smart-alecks of America’s opinion-making industry, have played a crucial role in this tragedy. (This is a longer version of an article published at … Continue reading →

Posted in Global economy, Japan, Manufacturing, Trade | Tagged andrew coyne, detroit, japan, left-hand drive, mitt romney, opel, renault, steering wheel, trade barriers

Finance: A cuckoo in the economy’s nest

Sandcastle Empire Posted on November 28, 2008 by Eamonn FingletonNovember 20, 2010

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

Boeing, Boeing,….Gone: An article revisited

Sandcastle Empire Posted on November 24, 2008 by Eamonn FingletonMarch 22, 2011

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

Pursuing prosperity: Address to the Ukrainian Academy of Sciences

Sandcastle Empire Posted on November 14, 2008 by Eamonn FingletonNovember 20, 2010

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 →

Posted in China, Global economy, Japan, Manufacturing, Service economy | Tagged anglo-american ideology, cartels, east asian system, forced saving, industrial targeting, kiev, lifetime employment, manufacturing knowhow, sergey korolev, sputnik, suppressed consumption, ukraine

A heated banker and a hurt professor

Sandcastle Empire Posted on November 3, 2008 by Eamonn FingletonNovember 19, 2010

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

Finance is too important to be left to Wall Street’s self-interest

Sandcastle Empire Posted on October 20, 2008 by Eamonn FingletonNovember 19, 2010

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

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Recent Posts

  • Free Trade Fiasco: The case against trade liberalization.
  • Protectionism Is (Almost) Mainstream
  • The East Asian miracle: a note
  • The Myth of Post-industrialism
  • America’s Shuttered Factories and the False Hope of Post-Industrialism

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  • Japan (56)
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Categories

  • American decline
  • Book reviews
  • China
  • Global economy
  • Great East Japan Earthquake
  • History
  • International Trade
  • Japan
  • Manufacturing
  • Press
  • Service economy
  • Sino-Japanese relations
  • Trade
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