How a Trump Economy Could Make Singapore Great Again

Restrictive Policies on Trade and Immigration May Shift Innovation to the East—and It May Never Come Back

Did the presidential election change the Pacific Rim as we know it?

During these days of transition speculation, there is plenty of talk about what president-elect Donald Trump’s victory means for health care, for immigrants, for the economy, for minorities, for NATO, and so on. In terms of long-term national interests, it’s important to add the endangered concept of a U.S.-centric Pacific Rim to this list. This is because the Trump victory may well spell the end of America’s previous Pacific aspirations.

We will quite possibly see a significant shift of …

Why Mongolia and North Dakota Aren’t Economic Miracles

Resource-Rich Regions Are Like Horse Milk—They Taste Strong Before Quickly Going Sour

Where does an economist who works in the Pacific Rim go on vacation? This summer, I chose Mongolia, and not only because it is remote, interesting, a bit exotic, and …

Why Artificial Intelligence Won’t Replace CEOs

An MBA’s Instinct Is Increasingly Vital in the Age of Information Overload

Peter Drucker was prescient about most things, but the computer wasn’t one of them. “The computer … is a moron,” the management guru asserted in a McKinsey Quarterly article in …

Garage Parties in Hawai‘i Aren’t Just Any Party

Plantation Day Roots Are the Origins for Present-Day Gatherings with Plenty of Beer, a Pig on a Spit, and Community

Growing up in Hawaii in the 1970s, my family and our neighbors spent New Year’s Eve roasting a pig in our driveway. We set up the spit and used corrugated …

How Yahoo Destroyed Its Value

The Internet Pioneer’s Long Journey to the Graveyard Was Shaped by Repeated Misjudgments in Mergers and Acquisitions

On July 25, Verizon announced plans to buy Yahoo’s internet assets plus some real estate for less than $5 billion in cash. Yahoo, which went public in 1996, had spent …

The Long, Hard Road to Fast, Fun Vegetarian Fare

For the Co-Founder of Veggie Grill, Going Plant-Based Required a Major Lifestyle Conversion

Truth is one, paths are many. That was the motto of Swami Satchidananda, a popular spiritual guru from India. His philosophy, which I grew up hearing, was that God can …