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Category Archives: Press
The strength of Japanese manufacturing
For two decades the New York Times has reported almost nothing but gloom about Japan’s manufacturing industries. I challenged a recent report in a letter to the editor. Your report ( “Japan Confronts Its New Normal,” May 12 in the … Continue reading
Posted in American decline, Japan, Manufacturing, Press, Trade
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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
Posted in Global economy, History, Japan, Press
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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
Posted in Global economy, History, Japan, Press
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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
Posted in American decline, Global economy, History, Japan, Manufacturing, Press
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The truth of Japan’s “slump”: An invitation to a debate
For years I have held that Japan’s “slump” is a media myth. I have twice in the past extended an invitation to the principal proponents of the slump story to join me in a live one-on-one debate. I have had … Continue reading
Posted in Global economy, History, Japan, Press, Trade, Uncategorized
Tagged alexander kinmont, american decline, arthritic japan, bill emmott, can japan compete?, current account, debate, edward lincoln, gillian tett, japanese slump, kenneth courtis, lost decades, manufacturing, michael e porter, myth, paul krugman, peter tasker, richard katz, robert alan friedman
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The Economist on Japan’s population “problem”
The Economist magazine likes to feel superior to anything it doesn’t understand. Luckily for its self-esteem, there is a lot in East Asia that has it stumped. An example is Japan’s population policy. In the course of a major article … Continue reading
Posted in History, Japan, Press
Tagged arable land, birthrate, demographics, economist magazine, population decline
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The New York Times on Japan: Continuing fallout
Expert observers Holstein, Fallows, and Baker express their dismay at the Times’s miscues. I am not alone in challenging the New York Times’s recent account of a “disheartened” Japan. William J. Holstein, former president of the Overseas Press Club of America … Continue reading
Posted in Japan, Press
Tagged dean baker, deflation, disheartened, good deflation, japan, japanese economy, william holstein
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More nonsense from the New York Times on Japan’s “lost decades”
The Times says Japan is “disheartened.” It hasn’t looked at Japan’s trade figures — or America’s. The New York Times yesterday carried a major article headlined “Japan Goes from Dynamic to Disheartened.” Rarely has the truth of the Japanese economy … Continue reading
Posted in Japan, Press
Tagged disheartened, japan, japanese gdp, mark skousen, martin fackler, naka-dori, new york times, roppongi hills, tokyo midtown, vuitton, yen
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Myths of the Japanese economy
This is a longer version of an article I have just published in the journal of the Overseas Press Club of America. Former Tokyo correspondents held a reunion at the Overseas Press Club in New York in March at which … Continue reading
Posted in Japan, Press
Tagged consumers, deflation, eugenic protection act, good deflation, japan, lifetime employment, opc, overseas press club
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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