Hughesair (Inflection Point)

Retired physician and air taxi operator, science writer and part time assistant professor, these editorials cover a wide range of topics. Mostly non political, mostly true, I write more from experience than from research and more from science than convention. Subjects cover medicine, Alaska aviation, economics, technology and an occasional book review. The Floatplane book is out there. I am currently working on Hippocrates a History of Medicine and Globalism. Enjoy!

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Saturday, January 25, 2020

Globalism

           My new book Globalism or Democracy is coming out next week, Indi Owl Press. I'm not yet sure of the distribution, but I think this work is an important addition to the understanding of the monumental choices we face today. The viciousness of today's dialog masks the underlying issues and history of our conflict, and conflict it is. So, here's a bit of background as to where I'm coming from, in presuming to write about the economics and history of Globalization.           
John Ise 1885-1908,[1] was my professor of economics at the University of Kansas before the Korean War. Ise earned a PhD from Harvard 1914, taught economics in the business school and was president of the American Economics Association. He was all about liquidity, supply and demand, margin, and the GDP as a product of velocity and liquidity. An agrarian philosopher, Ise was the most highly respected professor on campus. I was drawn to economics largely because of Ise, his common sense and grass roots philosophy of business. On track for a major in economics, when the Chinese crossed the Yalu River, I ended up in the Air Force.
            Four years later I enrolled in the University of Michigan redirecting my studies to science and medicine. That early goal of economics and international commerce, however, remained in the back of my mind. When I retired from full time clinical practice, I started writing about the science and business of clinical medicine. With multiple employees, business challenges, investing and later the business of operating an air taxi business in Alaska, the interest in fundamental supply and demand economics re-emerged along with a concern for the apparently unrecognized loss of liquidity from the demand side of our markets, due to Globalization. 
            Alaskan winters were a time to write. They were also a time to observe and write about the destructive effects of the liquidity drain. Ross Perot reported on the “Giant sucking sound” of liquidity drain in his presidential campaign in 1996. 
            Firms hiring fewer than 500 employees account for 99.7% of US labor. The working population had accounted for most of the demand side of our markets, a fact largely overlooked by economists, the media and our leadership.
            This book has been two years in the writing during which time there have been dramatic challenges and fierce contention over Globalism. A shadow unelected globalist infrastructure driven initially by idealism and military strategy evolved into personal gain furthered by the outside international influence and furthered by the (CCP) Chinese Communist Party. In the evolution of this struggle we have come to question the meaning of Democracy, citizenship and the security of our nation. This book, Globalization or Democracy, (You can have one or the other but not bothattempts to outline the many elements of our struggle with Globalism and its evolving role.


[1] https://www.washburn.edu/reference/cks/mapping/ise/index.html


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