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Sandcastle Empire

Eamonn Fingleton's commentaries on the politics and economics of American decline

 
 
  • About Eamonn Fingleton
  • Thirty years of prescience
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Author Archives: Eamonn Fingleton

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More nonsense from the New York Times on Japan’s “lost decades”

Sandcastle Empire Posted on October 18, 2010 by Eamonn FingletonNovember 9, 2010

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

Appearance on BBC World

Sandcastle Empire Posted on October 2, 2010 by Eamonn FingletonJanuary 16, 2023
Continue reading →
Posted in China, Japan, Sino-Japanese relations | Tagged bbc world, senkaku, Sino-Japanese relations, trawler

Lessons from the Sublime Porte: How to lose an empire

Sandcastle Empire Posted on July 2, 2010 by Eamonn FingletonJanuary 12, 2012

Current U.S. trade policies were first tried by the Ottoman empire.  As I show in this article — first published in the August 2010 issue of the American Conservative – America’s decline is proceeding even faster. Here’s an economic history … Continue reading →

Posted in History, Trade | Tagged birdal, economies of scale, foreign debts, mercantilism, ottoman, pat choate, tariffs, trade, value added tax, vat

Edwin Reischauer: An ambassador who lied TO his country

Sandcastle Empire Posted on June 1, 2010 by Eamonn FingletonDecember 5, 2010

John Kennedy’s ambassador to Japan is the subject of a new biography. Unfortunately, as I point out in this review (which  was first published in the June 2010 issue of the American Conservative), the author’s agenda has little to do with … Continue reading →

Posted in Book reviews, History, Japan | Tagged cartel, detroit, galbraith, harvard, japan, mercantilism, packard, reischauer, renault, wanted: an asian policy

Myths of the Japanese economy

Sandcastle Empire Posted on June 1, 2010 by Eamonn FingletonNovember 9, 2010

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

Germany: The big engine that could

Sandcastle Empire Posted on March 8, 2010 by Eamonn FingletonNovember 22, 2010

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 →

Posted in American decline, Global economy, Manufacturing, Trade | Tagged adam posen, german economy, herrigel, jude blanchette, larry elliott, the american prospect

How the press stabbed Detroit in the back

Sandcastle Empire Posted on May 30, 2009 by Eamonn FingletonDecember 2, 2010

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 →

Posted in Global economy, Japan, Press, Trade | Tagged bill emmott, counterpunch, david sanger, detroit, japan, left-hand drive, mickey kantor, micklethwait, nicholas valery, pop-up tariffs, press, press corruption, the economist magazine, valery

The complaisant watchdog: how the press missed the Madoff scandal

Sandcastle Empire Posted on April 23, 2009 by Eamonn FingletonNovember 22, 2010

The Wall Street Journal and the New York Times slept while Bernie Madoff swindled. [Article first published in CounterPunch. To read the original click here.] An old maxim has it that newspa­per editors separate the wheat from the chaff, then … Continue reading →

Posted in Press, Service economy | Tagged chittum, counterpunch, deogun, front-running, garrity, gerald seib, gretchen morgenson, howard kurtz, madoff, markopolos, michael lewis, mort zuckerman, nexis, paul steiger, red flag, wilke

I told you so (cont’d)

Sandcastle Empire Posted on April 4, 2009 by Eamonn FingletonNovember 22, 2010

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 →

Posted in American decline, Global economy, Japan, Manufacturing, Service economy, Trade | Tagged "trade-deficits-don't-matter", alan abelson, alfred eckes, allan sloan, bertelsmann, chalmers johnson, devaluation, greenspan, hollings, jim grant, john cassidy, lexisnexis, marshall auerback, ohmae, optical fiber, ottoman, pat buchanan, pat choate, robert heller, tariffs, unsustainable

A reviewer who has read the book

Sandcastle Empire Posted on March 28, 2009 by Eamonn FingletonNovember 23, 2010

The American radio industry’s top liberal talk show host has had some nice things to say about my book on China. That’s flattering. What’s even more flattering is that he has read the book. Really read it, that is. One … Continue reading →

Posted in Book reviews, China, Global economy, Sino-Japanese relations, Trade | Tagged buzzflash, future of our republic, in the jaws of the dragon, Sino-Japanese relations, the most important book, thom hartmann

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