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 →
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 →
America’s decline counts as probably the most precipitate in history. So who’s to blame? America’s ideology-blinded media have a lot to answer for. As recently as 1965, when I started college, America had the world at its feet. Its decline … 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 →