The End Of China’s Boom China could continue growing if it became an innovation society. But innovation requires freedom
WASHINGTON – The China story has changed, quite a bit. Yesterday it was about relentless growth. Today it is...
Category: Economy
Keystone Pipeline Would Improve US Energy Security Sadly, this pipeline linking Canada and Texas may not be approved. US energy policy is prisoner of ideology
WASHINGTON – Is The US State Department (read President Barack Obama) going to finally authorize the Canada to the US...
How Do We Turn Immigrants Into Citizens? The emotional debate is about the deportation of illegal immigrants. But we shoud think about how we help them to become Americans
WASHINGTON – Sadly, in the midst of so many strident polemics about what should be done regarding millions of illegal immigrants...
New Technologies Will Make Carbon-Based Energy Obsolete Regulations and mandates will not work. Governments should invest much more in new R&D
WASHINGTON – The NYT recently had a front page (scary) story on global warming, accompanied by a frightening map...
Fiscal Stimulus Does Not Work –Yet We Keep Applying It Stimulus funds are badly used. Capital is wasted, debt grows, and the economy does not benefit
WASHINGTON – “If economic troubles are approaching, put together a big stimulus package”. This is the universally accepted prevention/remedy therapy...
Impossible to Bring Back To the US Old Industries –Focus On New Technologies The US outsourced the entire supply chain on which manufacturers rely. Imnpossible to bring it back to America
WASHINGTON – An interesting story in the WSJ focused on how some US companies are looking at the prospect...
Tesla Motors Stock Is Incredibly Overvalued The company makes only 33,000 cars per year. And yet it is worth more than Chrysler that produced 1.8 million vehicles last year
WASHINGTON – I have written before that Elon Musk, the founder of Tesla Motors, is a real pioneer. With...
America Creates Many New Jobs However, most of them are low-paying or part time. Wages are still low. Is there a way out of this?
WASHINGTON – In 2014 the US added 2.95 million new jobs, the best year since 1999 when America added 3...
Low Oil Prices Are Good For America The US energy sector is badly hurt. But the overall American economy benefits from lower crude prices
WASHINGTON – Oil prices keep going down, and down. We are now around $ 50 a barrel, or even...
Greece Once Again Threatens Europe’s Financial Stability A possible new leftist government will reopen the debt reduction deals. This possibilty exposes the Eurozone's fundamental weakness
WASHINGTON – Greece is again in the news, and for bad reasons. Early elections (to be held on January...