Flexible supply chains are great for multinationals and consumers. But they erode already thin profit margins in developing-world factories and foster a pell-mell work environment in which getting the order out the door is the only thing that matters.
The autocracies of the Arab world have been as economically destructive as they've been politically repressive.
Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.
The U.S. is excellent at importing cheap products from the rest of the world. Let's try importing some human capital instead.
In the business world, bad news is usually good news - for somebody else.