If you click through on the headings below, you can get to the articles concerned. Most of them focus on international trade or American decline or both. For my first item, however, I chose something different — partly because it … Continue reading →
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Continue reading →This article was first published in the January-February 2014 issue of The American Conservative. At a welcoming banquet in Japan in the 1980s, Ford Motor chairman Philip Caldwell received a memorably double-edged compliment. “There is no secret about how we … Continue reading →
Why do Americans keep misunderstanding Japan? Much of the blame must be placed at the door of the State Department. And that is why last week I extended an unusual offer to the current U.S. ambassador to Tokyo. As part … Continue reading →
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 →
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 →
The BBC has followed up my recent article in the New York Times. Last Thursday Gillian Tett, a top editor at the Financial Times, joined me for a discussion of the Japanese economy with Emily Maitlis on the BBC’s Newsnight … Continue reading →
paul krugman, matt yglesias, new york times, lost decades
Continue reading →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 →
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 →