Category Archives: US economy

A Lesson for America from the Frontier

If you were to ask me to identify the most damaging war in American history, it would have to be the war it fought with itself from 1861 to 1865. In retrospect, many argue that the Union was never in … Continue reading

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Not in denial, in avoidance

Last week, I discussed what I think is clear about the increasing concentration of income in the hands of fewer people in the US. I used a graph of the income earned by the top 5% of US taxpayers as … Continue reading

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Lost in the Forest

The excitement caused by Thomas Piketty’s “Capital in the Twenty-First Century” has died down. The futility of implementing his proposed global wealth tax is obvious to all but the most blindly ideological. The argument over how one determines “wealth” will … Continue reading

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Investing Inside Frontier Markets

In a past commentary, I discussed a redefinition of three related terms: the First, Second, and Third Worlds. The old definitions reflected a reality of the 20th century, but fail to reflect the reality of the second decade of the … Continue reading

Posted in Global analysis, Investing, US economy, US politics | 1 Comment

Haunted by the Ghosts of the 20th Century

I was amused to read that the Oxford English Dictionary now has two definitions of La-La Land. The first is “la-la land can refer either to Los Angeles (in which case its etymology is influenced by the common initialism for … Continue reading

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Can the Chinese crack the nut? Of course they can.

In my last post, Doing the Undoable, I discussed the rapid development of genetics, particularly genetic engineering. Having the video presentation of Juan Enriquez available helped get the point across. Today, I’m going to look at a related area that … Continue reading

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The occasion has arisen. Someone needs to rise to the occasion.

The Pew Research Center, funded by the non-partisan Pew Charitable Trusts, has seven “projects”, each of which researches the attitudes of Americans on a wide range of issues. One of those centers is the Pew Research Center for the People … Continue reading

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45 years in 4 minutes and 18 seconds

In 1967, I was 22 years old and sitting in a movie theater watching Dustin Hoffman in The Graduate. For my generation at that point, there is one word from that movie that will never be forgotten. The moment we … Continue reading

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The Moment of Truth

When the President announced his formation of a bi-partisan commission to look at the US government’s fiscal present and future, I was pleased. Better late than never. These commissions can be very helpful to a President. They can tackle the … Continue reading

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The Globalization of Americans

I have a small piece of proprietary data to share with subscribers today. It won’t be published on those sites that usually republish my posts. It’s small, but it is a hint of more to come. As many of you … Continue reading

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