Unhappy Americans Look for Culprits Many voters believe that outsiders will deliver prosperity WASHINGTON – The most visible impact of “The Great Stagnation” , (the title of Tyler Cowen’s book provides a good...
No More Startups In America The real problem is fewer and fewer new enterprises WASHINGTON – President Obama confidently declared to the Nation in his last State of the Union Address that the...
In Japan Intellectual Property Rights Go To The Employers The case of Professor Nakamura who invented modern LED lighting technology WASHINGTON – It is a given that the new “knowledge economy” is driven by clever innovators who are in...
Fight Global Warming With Disruptive Innovation – Not Mandates WASHINGTON – The Paris event on climate change will probably yield nothing really concrete. The fact is that, despite...
You Cannot Kick Start Innovation GE just announced that it will hold seminars in the UAE aimed at fostering a culture of innovation. It will not work WASHINGTON – The Emirates News Agency a year ago announced a partnership between the UAE Ministry of Economy and General...
All Is Well In China? According to a major consultancy, nothing out of the ordinary in the Chinese economy WASHINGTON – A detailed report prepared by a major Western international economic consultancy pointed out that the doomsday predictions...
Thanks To The Central Banks, The Equity Bubble Is Getting Bigger Governments are not engaging in serious economic policy reforms. Central bankers keep pumping in more liquidity. What will happen next? WASHINGTON – Imagine this. There are lots of chronically sick patients in the hospital. Many of them are deteriorating...
The Enormous Value Of Subsidized Child Care Give women the opportunity to have a career and children WASHINGTON – Most advanced countries are experiencing low or very low fertility rates. Anything below 2.1 children per woman...
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...
FT: Europe Undergoing High Tech Transformation – Really? A long report announces that massive amounts of venture capital are funding European tech companies WASHINGTON – If you look at mainstream media, the news is that slowly but surely “Europe is back”. With...