As long as the Wall Street triumphalists’ unreflected “why worry?” thinking remains the norm, the urgently needed pursuit of a U.S. economic reform agenda will go nowhere.
Paris Climate Talks Need to Focus on Innovation

Only when the unsubsidized cost of clean energy is cheaper than fossil fuels will nations switch en masse.
Renaissance in American Manufacturing? Not So Fast

Optimistic statistics on American manufacturing distract from the less optimistic truth.
What Really Is Competitiveness?

Nations compete — but no one ever accurately measures national competitiveness.
Should We Expect Multinationals to Be Loyal?
Why would a European CEO be “shunned” if he moved much of his production to China?
What Should America Do About China?
What actions should the United States take to change China’s current trade policies?
How the Government Built Silicon Valley
Why is government support a necessary ingredient to building a vibrant system of innovation?
The Globalist Debate: A Weaker Dollar Can Help the U.S. Economy
Will a weak dollar help reverse the flow of U.S. manufacturing jobs overseas?
Innovation Economics and Trade Policy
How does innovation economics offer the best framework for trade in the 21st century?