Category Archives: US Economy

The Economics of Dependency

This article first appeared at Foreign Affairs. How countries hit the demographic sweet spot. Demographics are among the most important influences on a country’s overall economic performance, but compared with other contributors, such as the quality of governance or institutions, their … Continue reading

Posted in Africa, BRIC countries, China, Corruption, Demographic Dividend, Demography, Dependency Ratio, Economy, Education, Europe, Foreign Affairs, India, Infrastructure, Innovation, Society, Sub-Saharan, United States, US Economy | Leave a comment

To Save or Ruin Twitter

A decision that could fix Twitter or hasten its demise. This is not the first article to suggest that Twitter can generate some revenues by charging its users, but perhaps we can offer some new angles to the discussion. To begin, … Continue reading

Posted in 2016 Candidates, Business Strategy, Economy, Innovation, Investment, Stock Market, Twitter, United States, US Economy, Wall Street | Leave a comment

Passive Funds Are Just Free-Riding Active Funds

If you and your neighbor have the same income and expenses except that he rides the bus for free every day while you pay a fare, he will be richer than you. Until recently, this was obvious: the neighbor is … Continue reading

Posted in Economy, Innovation, Investment, Society, Stock Market, United States, US Economy, Wall Street | Leave a comment

The Mainstream Media Will Rise Again

The news media was flattened on November 8th but its recovery has already started. One of the striking features in all the commentary on Facebook about Donald Trump’s victory is the number of times that the words I, me and my appeared in member posts. For example, … Continue reading

Posted in 2016 Candidates, Economy, Media, Politics, Society, United States, US Congress, US Economy | Leave a comment

Job Creation Under the Next President

(The Wall Street Journal published on November 2nd a synopsis of this post. It was also featured on January 20th in the French weekly L’Express.) Retraining the employed and the unemployed for higher value-added skills is now more important than simply adding to the number … Continue reading

Posted in 2016 Candidates, Demography, Economy, Immigration, Unemployment, United States, US Economy | Leave a comment

On White Collar Prosecutions, with Jesse Eisinger

“The government no longer has the will and ability to prosecute top corporate executives across a wide variety of major industries.”______ Jesse Eisinger Jesse Eisinger is a senior reporter at ProPublica and a former reporter at the Wall Street Journal. … Continue reading

Posted in 2016 Candidates, Corruption, Cronyism, Economy, Podcast, Politics, Society, US Economy, Wall Street | Leave a comment

America Without Immigration 2015-50

Be careful what you wish for, if that is what you wish for. Except for the oil shocks of the 1970s and a few other recessionary years, the US economy has generally been strong in the postwar era since 1945. … Continue reading

Posted in Demography, Dependency Ratio, Economy, Immigration, United States, US Economy | Leave a comment

Gold: The Barbarian Tries a Comeback

New doubts about the effectiveness of government are boosting the price of gold again. Last fall, around the time we updated our comment on the ratio of Gold to the S&P 500, the price of gold fell to a six-year low … Continue reading

Posted in Economy, Gold, Investment, US Economy | Leave a comment

Manhattan Ultra-Luxury ‘Battling the Serpent of Chaos’

The deceleration of China and resulting commodities crash have created a problem for developers of ultra luxury condominiums. The ancient Egyptians believed that the sky was a solid dome, the belly of the goddess Nut who arched her body from one side of the … Continue reading

Posted in China, Commodities, Economy, Investment, New York, Offshore, Real Estate, Society, US Economy | Leave a comment

Would Reaganomics Work Today?

The key drivers that propelled the Reagan economy are now tapped out or out of favor. The name of Ronald Reagan is frequently evoked by the current contenders to the GOP nomination. Donald Trump speaks admiringly of the 40th President of … Continue reading

Posted in 2016 Candidates, Demography, Dependency Ratio, Economy, Taxation, United States, US Economy, US Federal Budget | Leave a comment