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Posts Tagged transportation


Another Reason Globalization Won’t Work

Globalization is based on something which doesn’t exist anymore: cheap oil to fuel the global transportation and logistics system. Guess what? Cheap oil has gone away for good. Yet another reason to avoid going on an oil-based economy in the waning days of big oil.

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Not Changing Fast Enough (Part II)

If there has been a major problem with the Chinese leadership, it has been its slowness to recognize that the old way of industrialization simply does not work with a population as vast as China’s. Western Europe, then later America and Japan were able to get away with industrialization because they had smaller populations and [...]

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Investing in American Science and Technology

One of my recurring themes is that Americans have become too good at consuming, down to the point of consuming their children’s futures through deficit spending, and have not done enough to invest in the future. This is an important legacy of the current Bush administration which has repeatedly mortgaged the future in order to [...]

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