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Author Archives: Eamonn Fingleton
Japan’s Trade Figures: Some Perspective
As usual the American press missed the real story. The American press has made much of news that Japan last year recorded a deficit of $32 billion on its visible trade. Supposedly this is the beginning of the end for … Continue reading
Posted in Global economy, Japan, Manufacturing, Trade
Tagged current account, dvorak, visible trade, wall street journal
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A Reply to Paul Krugman
It is past time Paul Krugman visited “basket case” Japan. I have been under the weather these last few days, hence my delay in replying to Paul Krugman’s critique of my recent article on Japan’s lost decades. He writes: “Fingleton … Continue reading
Coming Soon: A Reply to Paul Krugman
paul krugman, matt yglesias, new york times, lost decades Continue reading
Posted in American decline, Global economy, Japan
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Japan’s “Lost Decades”: The Sophistry Continues
My article in today’s New York Times Sunday Review has been generating heat as well as light. An article I have written on Japan for the January 8 New York Times Sunday Review went live at the nytimes.com website yesterday … Continue reading
Posted in American decline, Japan, Manufacturing, Trade
Tagged apple iphone, grabow, japan, mobile phones, nytimes, sunday review, togetrichisglorious
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The Fingleton Invitation: Progress Report
People have asked me what happened to the Fingleton Invitation. The answer is nothing. Some months ago I invited Ed Lincoln, a former Tokyo-based economic adviser to the U.S. government, to join me for a public discussion of the Japanese … Continue reading
Posted in American decline, Japan, Manufacturing, Trade
Tagged debate, edward j lincoln, japanese economy, lost decades
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An Open Letter to Professor Edward J. Lincoln
The letter below, to the Clinton administration’s chief Japan economist, is self-explanatory. Dear Ed: Having heard nothing from you over the summer despite several private attempts to make contact, I must now press publicly for an answer. As you know, … Continue reading
Posted in American decline, Global economy, Japan, Press
Tagged debate, ed lincoln, edward j lincoln, electricity output, imf, japan, lost decades, world bank
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Dollars and Dragons
I have just published the article below in the American Conservative. TOKYO—In the mid 1990s, I published a book entitled Blindside: Why Japan Is Still on Track to Overtake the U.S. By the Year 2000. The prediction in the subtitle … Continue reading
Posted in American decline, Japan, Manufacturing, Trade
Tagged 787, blindside, boeing, dollar, freedomfest, mark skousen, mitsubishi, soros, tac, toray
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Best Books On Japan: A Second Opinion
I have had occasion to second-guess a recent list of best books on Japan. An old joke has it that a newspaper editor is a person who separates the wheat from the chaff, and then prints the chaff. On this … Continue reading
Posted in American decline, Book reviews, Japan, Press
Tagged fccj, jeff kingston, number 1 shimbun, the sun also sets
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The Weight of the Yen
As I have repeatedly documented at this website, the story of Japan’s two lost decades is a myth. But if I am right, how come so many ostensibly reliable observers seem to disagree with me? There are several reasons, none … Continue reading
Posted in Global economy, Japan, Press, Trade
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An invitation, some surprising facts, and two elusive experts
For thirteen years now I have been trying to organize a public debate on what really happened to the Japanese economy. The effort continues. The facts below have convinced at least one top American economic thinker that a debate is … Continue reading
Posted in American decline, Global economy, Japan, Manufacturing, Press, Trade
Tagged debate, edward j lincoln, japan, lost decades, robert alan feldman
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