Did Homeowners Cause The Great Recession?

Appearing in: Forbes The person who caused the current world recession can be found not on Wall Street or the city of London, but instead could be you, and your next-door neighbor–the people who put so much of their savings and credit to buy a house. Increasingly, conventional wisdom places the fundamental blame for the […]

Amid Obama’s Change is More of the Same

Appearing in: Politico The Obama administration has been, so far, hierarchical and even conservative in its thinking. Following and even surpassing the Bush administration’s reliance on an M.B.A.-trained elite, which drove the country nearly to ruin, the Obama approach seems to boil down to finding the smartest guy in the room, rather than utilizing people […]

Why The Left Is Questioning Its Hero

Appearing in: Forbes Much has been made by the national media and the markets about the emergence from our desiccated economic soil of what President Obama has called “green shoots.” But although the economy may already be slowly regenerating (largely due to its natural resiliency), we need to question whether these fledglings will grow into […]

Europe: No Longer A Role Model For America

Appearing in: Forbes For decades many in the American political and policy establishment–including close supporters of President Obama–have looked enviously at the bureaucratic powerhouse of the European Union. In everything from climate change to civil liberties to land use regulation, Europe long has charmed those visionaries, particularly on the left, who wish to remake America […]

Britain’s Labour Lessons For Obama

Appearing in: Forbes LONDON – The thrashing of Britain’s New Labour Party – which came in a weak third in local and European Parliament elections this week – may seem a minor event compared to Barack Obama’s triumphal overseas tour. Yet in many ways the humiliation of New Labour should send some potential warning shots […]

Is Your City Safe From The Tech Bust?

Appearing in: Forbes A decade ago, the path to a successful future seemed sure. Secure a foothold in the emerging information economy, and your city or region was destined to boom. That belief, as it turned out, was misguided. In the decade between 1997 and 2007, the information sector–which includes jobs in fields from media, […]

Can California Make A Comeback?

Appearing in: Forbes These are times that thrill some easterners’ souls. However bad things might be on Wall Street or Beacon Hill, there’s nothing more pleasing to Atlantic America than the whiff of devastation on the other coast. And to be sure, you can make a strong case that the California dream is all but […]

Let’s Snooker The TARP Babies

Appearing in: Forbes Snook, Texas, a town of less than 600 souls, is best known for being the home of Sodalak’s Country Inn, the originator of country fried bacon. It may seem an odd place to launch a return to financial health, but that’s exactly what Dean Bass has in mind. Bass, a veteran banking […]

The Luxury City vs. the Middle Class

Appearing in: The American The sustainable city of the future will rest on the revival of traditional institutions that have faded in many of today’s cities. Ellen Moncure and Joe Wong first met in school and then fell in love while living in the same dorm at the College of William and Mary. After graduation, […]

Obama’s Energy Triangulation

Appearing in: Politico With the possible exception of health care reform, no major issue presents more political opportunities and potential pitfalls for President Barack Obama than energy. A misstep over energy policy could cause serious economic, social and political consequences that could continue over the next decade. To succeed in revising American energy policy, the […]