For those who believe Donal Trump is the worst POTUS ever, let’s stipulate something else: nothing he has done would rank in the top five of what George W. Bush did in the first term of his presidency in terms of sheer, utter, unequivocal harm to the United States.
Read moreThe United States will Miss China's Money
Having hundreds of billions of dollars of Chinese investment in the United States was a powerful source of influence that is dwindling rapidly and is in fact shrinking more quickly than bilateral trade. Tariffs can be imposed or lifted almost at the whim of a presidential tweet, but creating a welcoming climate for inward investment takes longer to build.
Read moreReview Essay: The Population Bust
For most of human history, the world’s population grew so slowly that for most people alive, it would have felt static. Between the year 1 and 1700, the human population went from about 200 million to about 600 million; by 1800, it had barely hit one billion. Then, the population exploded…
Read moreListen, Here’s Why the Value of China’s Yuan Really Matters
The China-US trade conflict is taking a more severe turn. President Trump announced a 10 percent tariff on an additional $300 billion of Chinese imports; the Chinese government responded by allowing its currency, the yuan, to fall to more than 7 to the dollar—the lowest in a decade. The US government then formally labeled China a “currency manipulator,” which carries no formal penalty but sets in motion a process that might lead to sanctions by the International Monetary Fund.
Read moreBig Tech Can Stay Ahead of Regulators by Breaking Itself Up
Rumblings about the role of Big Tech in American society have coalesced into a storm long coming, with revelations that the Department of Justice and the Federal Trade Commission are contemplating sweeping antitrust investigations of Facebook, Google, Amazon, and Apple.
Read moreIf China Really Wants to Retaliate, It Will Target Apple
Apple has a Huawei problem. Of the myriad issues raised by the evolving and intensifying US-China trade Cold War, the knock-on effects on Apple have been perhaps least appreciated. And not just Apple, of course, but a slew of American companies that have both shifted production to China over the past two decades and, more vitally, tapped into Chinese middle-class consumers as a source of growth and profits.
Read moreTrump’s Trade War Is Making Mexico Great
When President Donald Trump made good on his promise to be “Tariff Man” this week, he sent economists into a lather, pushed the stock markets onto a wild and largely downward ride, and thrilled parts of his political base, who saw a president finally willing to use his bluntest policy weapon against America’s biggest economic rival.
Read moreThe Last Place Big Tech Wants to Be Is on the Defense
So, it finally happened. A leading American politician has said aloud what many have been whispering: It’s time to break up Big Tech. Democratic presidential candidate Elizabeth Warren just fired the opening salvo and called for the federal government to take action: “Today’s big tech companies have too much power— too much power over our economy, our society, and our democracy.”
Read moreTrump’s Phony Trade War with China
The yearlong China-U.S. trade war now appears to be in its final stages. Tariffs will be lifted, Beijing will promise to buy more American goods and take a harder stance on technology transfers and industrial espionage, and Trump will declare victory — but it will be Pyrrhic, at best.
Read moreNew York and Amazon Played a Zero-Sum Game -- and Everyone Lost
The brief, contentious engagement of Amazon and New York City ended abruptly this week, with Amazon deciding that its choice of New York as a site for a new headquarters was not right after all, and that what the company had wanted wasn’t in the cards.
Read moreThe Green New Deal is Just the Vague, Audacious Goal We Need
The unveiling of a Green New Deal last week provoked a mix of enthusiasm and derision. For each voice embracing the radical vision to decarbonize the American economy within a decade, there was another voice decrying the plan as economically unrealistic, technologically impossible, and politically untenable.
Read moreOn Howard Schultz 2020 and 'Free' Healthcare
Zachary weighs in on healthcare and Howard Schultz on FOX Business Bulls & Bears.
Read moreWhy Taxing the Rich May Not Save Democracy
The government shutdown dominated the news these past weeks, but far more consequential were proposals floated by newly minted presidential candidate Elizabeth Warren and freshman representative Alexandria Ocasio-Cortez to significantly raise taxes on the very rich.
Read moreStocks Higher on Trade Optimism
Zachary thinks that the markets’ focus on Alexandria Ocasio-Cortez is unnecessary: “She’s a junior representative on a committee of a House that can’t pass any laws because the Senate’s controlled by Republicans.”
Read moreNetflix Delivers a Mixed Bag of Earnings
Zachary weighs in on Netflix's mixed-bag earnings report, and whether it even matters for the streaming behemoth.
Read moreStop Freaking Out About Trump’s State of Emergency Threats
The president’s proposed reallocation of federal spending to build his wall is hardly an existential crisis for American democracy.
Read moreStocks Rally on Renewed Optimism over US-China Trade Talks
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Read moreWhy Are We So Surprised by Facebook's Data Scandals?
Surveying the reactions to the latest revelation that Facebook played fast and loose with user data, it was hard not to harken back to what Scott McNally, the founding CEO of Sun Microsystems, told a group of reporters, including one from WIRED, in 1999: “You have zero privacy anyway. Get over it.”
Read moreGoogle CEO Rebuts Bias, Privacy Criticisms
Independent tech expert Lance Ulanoff and Envestnet's Zachary Karabell discuss Google CEO Sundar Pichai’s testimony to lawmakers on Capitol Hill.
Read moreProsecuting the Chinese Huawei Executive is an Idiotic Way to Hold China in Check
The U.S.-China relationship seemed to improve last week at the G-20 summit in Argentina. Then, an ominous development: American authorities asked Canada to arrest the chief financial officer of one of China’s largest technologies companies.
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