In the comments section of this recent post, I have been accused of overstating Japanese decline and understating the US decline.I have actually said very little about the economic crisis in the US — and what I have said about Japan is not particularly new. For the most part I have simply updated an argument …
Tag: US economy
Preserving American dynamism
As the 2008 US presidential election ramps up, it seems that the biggest looming question -- perhaps even bigger than Iraq -- is the question of how to preserve America's economic dynamism in the face of intense competition from the BRICs and others. Will the US economy and society be able to adapt successfully to …