Come Back to North America, Great Britain!

Brexit shows how globalization can rip apart alliances.  That’s The Price of Prosperity!  Even though the UK’s economy is growing, an increasing number of Brits resent losing control over their country, amid bigger bureaucracies and waves of immigration.  Polls and betting markets were fooled because closet Brexiteers thought it was impolite to admit their support while dining in …
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5 Factors that Could Turn America into Another Collapsed Empire

Have you ever met an Ottoman?  Or a Habsburg?  Neither have I.  Where did they go?  Those empires ruled much of Europe, the Middle East and North Africa.  Nations are just as likely to unravel after periods of prosperity as after periods of depression.  In my just-released The Price of Prosperity, I set out the five …
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Where Have All the Babies Gone?

We used to size up a man by counting his children.  Now we count Rolex watches, six-pack abs, and Instagram followers.  Take a look at my essay in TIME.  America has more golf courses than McDonalds.  Really.  The Real Threat of an Aging Population

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Why Rich Nations May Be Their Own Worst Enemy

October 27, 2016 – Click above to see video

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Why We’ll Never Build Another Golden Gate

When the Golden Gate Bridge opened on May 27, 1937, 200,000 pedestrians strolled and frolicked along its pavement, chomping on 50,000 hot dogs and other treats. In the 1930s it took four years to build this beautiful bridge – while battling fog, rough waters, and the Great Depression. It was completed under budget and ahead …
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The Time I Beat Johnny Depp:  Sneak Preview!

In a small, windowless room inside a huge, nondescript office building a few miles from Lake Michigan, I recorded the audio for my forthcoming book The Price of Prosperity: Why Rich Nations Fail and How to Renew Them. Listen to a sneak preview here. What does it take to read aloud a 330 page book? Twelve mugs …
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Take the Deal, Donald

Donald Trump hints that U.S. debt might be renegotiated. I’ve got a better idea. I’ve been imploring the Obama administration to issue super-long term debt, 50 or 100-year bonds. Both The Wall Street Journal and Investors Business Daily have published my plea. Today I’m delighted to report that – Ireland has decided to follow my advice. …
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Castro, Cruises and Beach Reads

Cuba welcomes the Carnival Cruise ship Adonia today. It sure beats a raft for escapees. Back in 2008, I penned a novel called The Castro Gene, which featured a young boxer and a megalomaniac hedge fund manager who manipulated financial markets. He bought up shares of Carnival Cruise Lines when he figured out that the …
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Gender Fluidity and Disney’s Real Magic

Disney has once again performed a marvelous trick – as good as any magic Mickey ever pulled off while donning a wizard hat and waving his wand. The new Jungle Book movie raked in over $100 million in a weekend, more than the opening numbers for the mega-blockbuster Frozen. So what’s the trick? In both cases, Disney …
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Branding Genius

When Grf Andrs sailed to America from Hungary in 1957 he was so poor he couldn’t afford an extra vowel in his name. Before immigrating he first had to escape the Nazis, who threw his father into a forced labor camp, and then the wicked Soviet invasion of 1956. In the U.S., the brave and …
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