Commentaries

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

When recession didn’t happen

“Shocking.” “The government is cooking the books.” These are among comments heard from business leaders and economic observers when last week’s report on the gross national product “failed” to signal a recession. When the U.S. Department of Commerce pegged GNP growth at 1.8% for the third quarter, you might have thought analysts and commentators would…

Seven lessons ’92 taught us

Expensive (more than $235 million spent by the major candidates alone). Disgusting (“knock” campaign advertising continues to dominate airwaves). Shameful (for the world’s oldest constitutional democracy that just won a protracted struggle with totalitarianism). Pick your own description of this year’s lamentable presidential campaign. The lackluster Bush campaign was dominated by mud-slinging. The roller-coaster Clinton…

Urban base camps drive new tourism

The travel and tourism industry is big business. It is also the nation’s primary source of foreign exchange earnings — more than $64 billion last year — considerably more than agriculture, which used to be in first place. One of the most rapidly growing segments of the tourism business is urban tourism — even in…