(Broadcast 5/24/01) When President Bush recently addressed Yale s graduating seniors, he gave a hearty “well done” to those who got straight A s, but consoled the C students by telling them that they, too, could be president of the United States. Apparently, he was referring to his own less than stellar academic performance as […]
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American Sweatshops
Broadcast January 18, 2001 A lot of Americans are concerned these days about sweatshops in Asia and Latin America where poor people cut and sew garments at cut-rate wages, often in unsanitary conditions. But you don’t need to go to a third-world nation to find a sweatshop. You can find all the sweatshops you want […]
No Escape
Broadcast February 2, 2001 Recently I was putting gas in my car, minding my own business, enjoying my solitude there by the gas pump, when the gas pump suddenly comes alive with a commercial — right there, on a little liquid-crystal screen mounted on the pump. There’s nothing I can do about it. I’m in […]
The Butcher Is Back
Broadcast August 24, 2001 The butcher metaphors of modern management are back: cutting out the fat, slicing to the bone, getting leaner and meaner. Well, all this butchering may slow the slide of stock prices, but it’s not a way to build long-term competitive strengths. The fact is, the key competitive assets of most companies […]
…And Does Anyone Know How to Define an ‘American’ Interest?
The Washington Post Last year I woke up to discover that I’m now working part-time for a German company named Bartelsmann AG. You see, when I wasn’t looking, Bartelsmann scooped up Random House, which has published several of my books and still occasionally sends me exceedingly small royalty checks. Bartelsmann is now the largest publisher […]
Europe’s Great Leap of Faith
The New York Times The euro, the most audacious gamble in the history of currency, has become a reality. What will this crucial step toward unity mean for Europe, the United States and the world? The New York Times Op-Ed page asked several experts in economics and observers of European culture to offer their insights. […]
Look Who Demands Profits Above All
Los Angeles Times Despite the populist rhetoric of this campaign season, many traditional Democrats are pushing companies to generate higher returns regardless of social responsibility. These Democrats may not mean to do it, but this is the practical consequence of how they’re saving for retirement. American teachers, civil servants, unionized workers, college professors and similar […]
Predatory Pricing:
The biggest anti-trust suit since the Microsoft case is set to open in a federal court next month. The particular complaint is against American Airlines. Three of its smaller competitors — Vanguard, Sun Jet and Western Pacific — are accusing the huge airline of conducting a ruthless campaign to oust them from the Dallas-Fort Worth […]
War Profiteering On Anthrax Meds
Depending on what terrorists do next, America could be on the verge of a public health catastrophe. The administration is moving belatedly to develop stocks of antibiotics to treat anthrax. The government is also looking to procure 300 million doses of smallpox vaccine to inoculate a new generation against a weaponized disease that was wiped […]
Regulation is out, litigation is in
USA Today Among the hottest regulatory issues today are these: How to prevent kids from smoking cigarettes? What to do about the flood of handguns? How to end sweatshop labor in the apparel industry? How to cope with new kinds of market power in high-technology industries? In the old days, state legislatures or Congress would […]

