Commentaries

Enjoy a selection of my commentaries below. To see the full listing of commentaries, please click here.

Federal Labs aid civilian economy

Albuquerque- Across the U.S. are more than 500 federal laboratories operated by 14 different federal agencies. Many of the best known labs are weapons labs — such as New Mexico’s Los Alamos National Laboratory, where the atomic bomb was invented, as depicted in the movie Fat Man and Little Boy. But in the post-cold war era,…

Future workforce to wear new face

The changing workforce is a major characteristic of the new economy. One of the most important changes is the slowdown in U.S. population growth, characterized by the “baby bust” generation — Americans 15 to 26 years old, born between 1965 and 1976. In fact, according to the Hudson Institute’s landmark report, Workforce 2000, and other recent…

Tourism drives new economy First in a series

In 1976, the late futurist, Herman Kahn, predicted that tourism (including travel) would become the world’s No. 1 industry by the year 2000. Good instincts. Wrong year. According to a recent study by Wharton Econometrics, tourism became the world’s No. 1 industry in 1988, measured by employment — with more than 100 million people employed…