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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
  • Excerpt from In the Jaws of the Dragon
  • Contact
  • Wikipedia and Truth: One Author’s Experience

Category Archives: Service economy

Some of my Forbes commentaries

Sandcastle Empire Posted on October 26, 2016 by Eamonn FingletonAugust 7, 2020

  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 →

Posted in American decline, China, Global economy, History, Japan, Manufacturing, Press, Service economy, Sino-Japanese relations, Trade | Tagged articles, commentaries, forbes.com

A Reply to Paul Krugman

Sandcastle Empire Posted on January 19, 2012 by Eamonn FingletonJanuary 19, 2012

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 →

Posted in American decline, Global economy, Japan, Manufacturing, Service economy | Tagged advanced manufacturing, new york times, paul krugman, silicon, sunday review

The complaisant watchdog: how the press missed the Madoff scandal

Sandcastle Empire Posted on April 23, 2009 by Eamonn FingletonNovember 22, 2010

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

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

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

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

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

America’s creativity conceit

Sandcastle Empire Posted on November 21, 2007 by Eamonn FingletonNovember 20, 2010

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

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

Categories

  • American decline (39)
  • Book reviews (13)
  • China (18)
  • Global economy (44)
  • Great East Japan Earthquake (1)
  • History (21)
  • International Trade (17)
  • Japan (56)
  • Manufacturing (34)
  • Press (33)
  • Service economy (8)
  • Sino-Japanese relations (15)
  • Trade (41)

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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