Well, well, this was hardly unexpected. In fact the reality may well be that this time there is plenty of smoke but no fire, since Siemens has announced it has no concrete plans to move 10,000 jobs abroad. Indeed much of the noise at present may emanate from a threat to move as a negotiating [...]

No doubt about it - revolutions are truly scary. Whether you think of the French one, the ones that freed Eastern Europe, or the digital revolution that is currently changing much of the transactional structure of our economies, and in particular the music industry. But contrary to most people, I do pity major label executives [...]

In the comments to one of the posts below, I raised the point that America’s prosperity owes a great deal more to its economic integration rather than to any particular shared value system, and that this was part of logic behind the founding of the EU. I want to demonstrate exactly how important a [...]

Gregg Easterbrook of the New Republic writes:
MOSCOW LOST THE COLD WAR, BUT DREAMS OF WINNING THE GLOBAL WARMING WAR: Why won’t Russia ratify the Kyoto Treaty? It would seem very much in Moscow’s interest to do so.
The United States has dropped out of Kyoto negotiations, but most other Western nations remain in. Russia now holds [...]