Re: Is the golden age of American business over?

Question: Is the golden age of American business over?

Thomas Cooley:  I think that's a somewhat crazy idea.  If you look at the growth of prosperity in this country, it's basically continued unabated.  And the truth of the matter is that what drives this economy is innovation and ideas.  And the fact that manufacturing shifts around the world, even some services shift around the world doesn't mean that American business is finished.  What is going to be true is that we're going to see a lot of–– we are seeing a lot of economic growth elsewhere in the world.  In China, in India, in Brazil, the emerging market countries are experiencing just extraordinary changes in the economic well-being.  And many American companies like General Electric or like CitiBank see a lot of their future growth as taking place in those markets.  But the fact that they're going to do well, only bodes well for us, not anything else, so.

Recorded: 3/21/08

Thomas Cooley thinks this is a crazy idea.

To boost your self-esteem, write about chapters of your life

If you're lacking confidence and feel like you could benefit from an ego boost, try writing your life story.

Personal Growth

In truth, so much of what happens to us in life is random – we are pawns at the mercy of Lady Luck. To take ownership of our experiences and exert a feeling of control over our future, we tell stories about ourselves that weave meaning and continuity into our personal identity.

Keep reading Show less

Futuristic inventions and emerging technologies that will change the world

What do the inventions of the future look like?

(Photo Credit: Rick Guidice/NASA)
Technology & Innovation
  • Self-sustaining space colonies and unlimited fusion energy would bring humanity to a new point in our evolution.
  • Flying cars and robot butlers could be the next paradigm shift in our tech appetite for change.
  • Death and consensus reality might soon become obsolete.
Keep reading Show less

Ashes of cat named Pikachu to be launched into space

A space memorial company plans to launch the ashes of "Pikachu," a well-loved Tabby, into space.

GoFundMe/Steve Munt
Culture & Religion
  • Steve Munt, Pikachu's owner, created a GoFundMe page to raise money for the mission.
  • If all goes according to plan, Pikachu will be the second cat to enter space, the first being a French feline named Felicette.
  • It might seem frivolous, but the cat-lovers commenting on Munt's GoFundMe page would likely disagree.
Keep reading Show less