Commentaries

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

In Chancy times lone eagles soar

Changes in how people live and work are a major characteristic of the New Economy. According to Dunn and Bradstreet, there are about 20 million business enterprises in the U.S. Only 4.4 million are corporations, though they employ more than half the labor force. The rest are partnerships (1.8 million) or sole proprietorships (14.2 million).…

Superhighway hits FCC detour

The much ballyhooed merger between Bell Atlantic and cable TV giant Tele-Communications, Inc. aborted last week. Primary reason: A decision by the Federal Communications Commission to roll back rates for basic services (a new 7% reduction on top of last year’s 10% cut) and impose new regulations on the cable industry. These new uncertainties made…

NAFTA’s promise is in the numbers

NAFTA is in trouble in Congress. There is no question about that. But, to put all this in perspective, since Secretary of State Cordell Hull’s reciprocal trade agreements in the 1930s, trade pacts have almost always had problems when they first hit Capitol Hill. Last week, The Wall Street Journal said that “Clinton’s task in selling NAFTA…