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Category Archives: Trade
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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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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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
Posted in Global economy, History, Japan, Trade, Uncategorized
Tagged american decline
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Chalmers Johnson: The passing of a true scholar
In a field known for fractiousness, Chalmers Johnson spoke with unique authority. Today we received the sad news that Chalmers Johnson, America’s greatest Japan scholar, has passed on. Although late in life he achieved considerable fame for his critique of … Continue reading
Posted in American decline, China, History, Japan, Trade
Tagged chalmers johnson, death, japan scholars, miti and the iapanese miracle, nemesis, niagara
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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