Category Archives: Global economy

A message to Japan Forum members

My offer to debate the “basket case Japan” story has generated more heat than light at the National Bureau of Asian Research’s Japan Forum. As a matter of policy, I do not participate in online forums but, as friends have … Continue reading

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Would a debate solve anything?

Although my proposal to hold a debate on Japan’s “lost decades” story has met with considerable support, some people have demurred. Would a debate on the Japanese economy really solve anything? One correspondent at a major American university seems to … Continue reading

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More reactions to my debate initiative

My call for a debate on Japan’s “lost decades” story continues to make  waves and many well-placed observers have written in support. I have obtained permission to pass on the comments below. From an investment banker in the United States: … Continue reading

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Japan’s “slump”: editorial page article from The Guardian

Britain’s Guardian newspaper ran an editorial page article last year that closely supported the Fingleton analysis of   Japan’s “slump.” Among the many expressions of support I have had since  I posted a blog  article at theatlantic.com last week on … Continue reading

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America’s bases: collateral damage for the US economy

America’s foreign military bases are bad business. (This article first appeared in the January 2011 issue of the American Conservative.) TOKYO. When German executives visit Tokyo, they are often treated to a session at Bernd’s Bar, a notably authentic German pub. … Continue reading

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Evening in America

I have been reading two new books on trade (this review was first published in the December 2010 issue of  the American Conservative). The Betrayal of American Prosperity: Free Market Delusions, America’s Decline, and How We Must Compete in the … Continue reading

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Germany: The big engine that could

When the global economic crisis began in 2008, many commentators predicted Germany would be among the worst hit. As I show in this article — first published in the American Prospect — Germany has in reality excelled not only in … Continue reading

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How the press stabbed Detroit in the back

In a new article for CounterPunch, I show that, by failing to blow the whistle on protectionism in key foreign markets,  the American press shares  blame for Detroit’s implosion. For decades East Asian competition has played a controversial role in … Continue reading

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I told you so (cont’d)

In 1999 I wrote a book that foreshadowed the collapse of America’s New Economy stock  boom. I went on to publish a paperback version with a new introduction — an introduction whose prescience has also stood the test of time. … Continue reading

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