It’s that time of year again. Where I have the perennial argument with some clients and friends about who really owns American corporations. After all, they show me their stock certificates. That is their “proof” that they own a portion of the corporation.
Fareed Zakaria published an op-ed in the Washington Post on Thanksgiving (literally and figuratively). In it, he stated that we (Americans) should not be “enamored of Germany” for maintaining its industrial base through economic reforms. Since, after all, we are in the “post-industrial, information economy”.
Continue reading Really? Fareed Zakaria missed the boat.
If you thought our education problems did not have any simple answers, why would you expect turning economies around to have one? We’ve heard the pronouncements of would-be economists: The World is Flat! China is the future ! (Sort of reminds me of the advice given to Benjamin Braddock in “The Graduate”: Plastics!)
Continue reading Whither? Wither?