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The Post-Zoom World
In March, as much of the country was shutting down to slow the spread of COVID-19, I attended an annual conference. Instead of meeting in Charlotte, our association convened on…
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Megamess
The world economy, as you may have noticed, hasn’t been doing so well of late. Economic growth was slowing and international trade languishing even before COVID-19 swept across the globe.…
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No, the Coronavirus Won’t Kill Off Globalization
The spread of COVID-19 has brought much commentary about the impending end of globalization. While the virus has indisputably disrupted the world economy, I think that many of the claims…
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The Great A&P Revisited
When it was published back in 2011, many readers took my book The Great A&P and the Struggle for Small Business in America as an allegory about Walmart: the battle…
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On Paul Volcker
A dozen years after anyone in the United States last got worked up about inflation, it’s hard to remind people what it is that made Paul Volcker so important. The…
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Too Damn Big
Not too long ago, I had a chat with a high-ranking executive at a major container shipping line. The subject was new ships. “Those guys on the operating side always…