What Happens After the Container Shipping Crisis?
Until 1978, dozens of airlines flew the U.S. skies. Then, with the passage of the […]
Boxed In
There may be few business decisions more treacherous than buying a new containership. These aren’t […]
Chain Stores in Chains
Chain stores have a lot of advantages over mom and pop. By purchasing in enormous […]
If It Can’t Go On Forever, It Will Stop
The American economist Herb Stein, whom I had the privilege of meeting a few times […]
Maybe We Have Too Much Infrastructure
Not far from where I used to live, in New Jersey, a light rail line […]
The Panama Canal’s Next Century
This month marks the hundredth anniversary of the Panama Canal. Work on a major expansion […]
The World’s New Workshop
Sometimes a single number can reveal a great deal about economic change. Last week, I […]
A Port on the Plains
The Kansas City Star ran an article today about a 1,300-acre logistics center southwest of […]
Cooperation at Sea
Capitalists, in my experience, are often less than enthusiastic about competition. To be sure, they […]
Interview with Planet Money on NPR
I recently did an interview with David Kestenbaum of NPR’s Planet Money, discussing the history […]