When The Coal Mine Closed Down
By Paolo von Schirach – WASHINGTON – Not long ago, I read a vivid account of a small town...
Tag: Capitalism
No Economic Growth Without Clear Property Rights How to turn dead capital into an engine of development
WASHINGTON – The almost unanimous mission statement of key International Financial Institutions (IFIs) devoted to development, along with national...
In Japan Corporate Losses Are Not Revealed Sharp had to admit huge losses before Foxconn would agree to buy it
WASHINGTON – The WSJ commented in an editorial, (Japan’s Sharp Turn, March 31, 2016), that the Foxconn (Taiwanese electronics...
“And The Fair Land”: Freedom Is America’s True Blessing Conflict and bravery, self-doubt and resourcefulness. But in the end confidence prevailed, and a great country was built
WASHINGTON – Thanksgiving 2015 – The Wall Street Journal has been publishing the same “Thanksgiving” Editorial since 1961. It...
Obama’s Nairobi Speech In Praise of Enterprise Not Well Reported – A Pity Most media focused on what the President said about enterprise as an antidote to political violence. Yet Obama said a lot more
WASHINGTON – US President Barack Obama traveled to Nairobi, Kenya to address a US-sponsored international forum on entrepreneurship. He...
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...
Yes, There Are Young American Innovators Elizabeth Holmes, only 30, is the youngest female self-made billionaire
WASHINGTON – While the marvelous “American Innovation Machine” is not moving ahead as fast as it used to, luckily for...
Ukrainian Prime Minister Yatsenyuk Both Defiant And Conciliatory In A Speech At The Atlantic Council The Ukrainian leader has received open support from President Obama on Crimea. But it is not clear how far the US and Europe are willing to go if Russia does not back down
By Paolo von Schirach March 12, 2014 WASHINGTON – The Western world seems to be united in its support...
Financial Aid To The Ukraine? Great Idea But Huge Costs Turning the Ukraine around will cost billions of dollars over many years. Western policy-makers have to convince voters that this is a worthwhile effort.
By Paolo von Schirach March 10, 2014 WASHINGTON – A few days ago, I argued in a related piece...
Hollande’s Poor Efforts At Attracting Foreign Investors To France Telling investors "We are not afraid of you" is not much of a marketing message. Likewise, telling them that you intend to simplify taxation and immigration procedures is not going to get you very far
By Paolo von Schirach February 18, 2014 WASHINGTON – “France is not afraid to open itself up to the...