It is interesting that central to the U.S. view of the global economy is the inauguration of President Obama and the passage of a historic stimulus package by Congress.  Given that the world is awash in economic fear the potential for hope and a sense of direction has been hard to find.  Since the current economic meltdown is something we want to change, and since that word has been synonymous with Obama, there is a lot of hope for a good start to his Presidency, and in his stated desire for a $1 trillion dollar stimulus package over the next …

GM, Ford and Chrysler represent to a large degree the Industrial Age legacy of manufacturing in the U.S. “What was good for General Motors was good for the United States” was, for decades in the 20^th century a very true statement. The manufacturing might of America post WWII was an economic miracle and the apotheosis of the Industrial Age. Supported by the explosive growth of television and the American advertising business, the consumer market of wondrous new goods exploded. The Big Three auto companies rode this wave to unprecedented success.

Every year, there were the exciting new …

I have written several columns about cell phones in the past. Each one was due to milestones of growth. The speed of growth in the use of cell phones continues to be astounding. It was announced last week by the International Telecommunication Union that the number of total global cell phone subscribers will exceed the number of non-subscribers for the first time in 2008.

When you stop and think about it, this is nothing less than amazing. This means that more than half of all human beings alive today have cell phones. That includes …

China was struck by a historically unprecedented snow storm last week.  Just the sheer amount of snow completely paralyzed all types of transportation, ground and air.  Power lines were snapped, cutting power to tens of millions of people.  Power was cut so that a significant portion of China’s railroad system was powerless to move people and supplies.  What made this even worse was the timing, which coincided with the major holiday of the year, the Chinese New Year.  More than 200 million people travel on this holiday.  When a large percentage of these people finally reached the train stations they …