by Henry Oliner | Aug 28, 2017 | Economics
From Deirdre McCloskey in Reason Magazine, The Myth of Technological Unemployment When a Ford plant installed robots, Walter Reuther, a long-ago president of the United Auto Workers union, is said to have asked a manager: “How are you going to get them to buy...
by Henry Oliner | Nov 30, 2016 | Economics, Politics, Progressivism
Trump’s political victory in keeping Carrier and Ford plants from moving out of the country should not be confused with an economic victory. Trade is a critical component of any economy, but we are addressing the location of a plant. If Toyota builds a plant in...
by Henry Oliner | Jan 28, 2010 | Business, Israel, Politics, Random
Random thoughts GM’s effort to target Toyota’s customers in the midst of their record recall notice seems in poor taste, especially in light of the record amount of taxpayer money that is now supporting GM. This is like the arrogant rich kid who brags...
by Henry Oliner | Oct 20, 2009 | Random
I just completed a 600 mile drive from Bloomington, Indiana after visiting with my daughter at IU for her birthday. Some thoughts on the ride home: America is obese. As a rule I pick a restaurant by looking at the patrons and thinking if I want to look like them in...
by Henry Oliner | Oct 5, 2009 | Business, Politics
It was easy to predict that the Cash for Clunkers would only drive up sales very temporarily as the expense of future sales. Recent results have verified the sharp dropoff in auto sales when the program ended. It was also easy to predict a backlash from consumers...