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Category Archives: Trade
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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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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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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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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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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Earthquake: Interview on Thom Hartmann’s Big Picture
Thom Hartmann interviewed me on his show The Big Picture last week. (Thom is one of the most astute commentators in the American media and author of several great books.)
Posted in Global economy, Great East Japan Earthquake, Japan, Manufacturing, Trade
Tagged fukushima, japan, thom hartmann, tokyo
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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
Posted in American decline, Book reviews, Global economy, History, Japan, Manufacturing, Trade
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