Category: 21st Century

The Macro Forces Behind Slow GDP Growth and Inflation in the United States

July 7th, 2015

 [This column first appeared in the Shift Age Newsletter #36 ] Ever since the end of the Great Recession a few years ago, there has been much written about the lack of both economic growth and inflation. Much of this …

Elon Musk: The Edison/Tesla/Westinghouse/Ford/Rockefeller/Bell/Goddard of the Digital Age

June 16th, 2015

I have been an admirer, yes, even a fan of Elon Musk ever since I first learned about Tesla Motors ten years ago. I state that because now it seems that Elon Musk is everywhere in the media – on-line, …

A New Stage of the Global Economy is Beginning – Part Two

September 17th, 2014

We are entering the second great stage of the global economy. The last column here looked back at the foundations of the global economy up to and through the reorganizational recession of 2007-2011. We now look at what has happened …