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The Global Market

Contemplating Open Borders

One of the objectives of my starting this blog was to share with people like you just a touch of what I’ve learned in a lifetime in manufacturing and decades spent running my own company. But you know what? A funny thing happened on my way to all that teaching. I started learning. A lot. Like […]

The Wisdom of the Marketplace

I understand as well as anyone the impulsive, almost instinctive desire to want to use government – in the form or tariffs, import restrictions, subsidies, legislation, etc. – to try to limit the impact of cheap (and often subsidized) foreign competition and the incursion of (often below market-value) offshore products. But time and time again, […]

Do Unions Finally Smell the Coffee?

A friend of mine, a union leader here in Chicago, once mentioned to me that he loved to drive around and count the number of cranes along the city’s skyline because it gave him a sense of how many jobs had to be filled for his rank and file members. But even as he was […]