Three Billion New Capitalists: The Great Shift of Wealth and Power to the East by Clyde Prestowitz (Basic Books, 278 pages, $26.95) Globalization: Why It Works by Martin Wolf (Yale University Press, 398 pages, $30.00) Will the United States benefit from the new wave of globalization sweeping the economy, as it did from […]
Laura Tyson
Laura D’Andrea Tyson is dean of The London School of Business. She was President Clinton's chief economic adviser.
Posted in15th Anniversary
1992: A Kinder, Gentler Globalization
In December 1992, according to Bob Woodward’s The Agenda, President-elect Bill Clinton was about to announce Laura Tyson’s appointment as chair of the Council of Economic Advisors, when Tyson mentioned she and Robert Reich had debated in The American Prospect whether the nationality of a firm was important. Suddenly recalling the debate, Clinton said, “You […]
Posted inFeatures
Healing Medicare
Before enactment of Medicare in 1965, few elderly persons had reliable health insurance. When insurance was available, it was expensive and limited, and its renewal was uncertain. As a consequence, nearly 50 percent of the elderly had no health insurance at all, and faced bankruptcy from the costs of serious illness. Medicare provided all elderly […]
Posted inAmerica and the World
They Are Not Us: Why American Ownership Still Matters
You don’t have to be a Japan-basher to want American-based firms to thrive. As long as separate nation-states do business by different rules, it isn’t One World yet.