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 →
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 →
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 →
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 →
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 →
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 →
Below, set out in chronological order, is a series of three exchanges between Professor Gregory Clark and me concerning, among other things, the problems for foreign correspondents in reporting the truth from Japan. Clark, a Japan-based educator and columnist for … Continue reading →
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 →
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 →
Senator Ernest F. Hollings’s recently published autobiography, Making Government Work, is wise, well-written, and consistently absorbing. Rarely has Senator Fritz Hollings used his renowned wit to more devastating effect than when he was interviewed in 1990 on the ABC program, … Continue reading →