Read the book that former President Bill Clinton calls "excellent." He also issued a formal endorsement, saying: "William J. Holstein’s 'The Next American Economy: Blueprint for a Real Recovery' is an essential roadmap for America’s renewal and an insightful reckoning of the global challenges ahead."
The Obama Administration also seems to be taking cues from the book. My book is not a silver-bullet solution to all that ails the economy, but Americans need to face up to our structural competitive challenges, rather than waiting for things to simply "bounce back to normal." That is never going to happen.
published by William J. Holstein on 11 November 2014 - 1:24pm
This package of stories about the future of scientific innovation for Compass magazine challenged me, but I hope all of you find it informative. To see the complete package of stories, go to compassmag.3ds.com. This is the lead story and it has just been published.
published by William J. Holstein on 27 October 2014 - 11:23am
I'm reading a lot of blather these days about how fast the Chinese economy is growing, and can continue to grow, and about how soon its total size will surpass that of the United States. These are the wrong questions to be asking. The Chinese, with four times as many people as the United States, should become the largest economy at some point. The real question is whether they can compete head to head against our most sophisticated industries such as semiconductors.
published by William J. Holstein on 10 October 2014 - 10:07am
One of the drums that I keep beating is that we Americans need to do a better job of commercializing the ideas that come out of what I call our "idea factories"--our universities, research institutes, and weapons labs. We blew it with the transistor, for example, and the Japanese took the idea and created the transistor radio industry. Remember the transistor radio? Now here is another example where we had some fundamental breakthroughs in technology but the economic model, i.e. the old RCA, collapsed, causing the technology to flow elsewhere.