Japan deserves the Nobel Prize for applied economics. I say this not because Japan’s capitalism has no flaws, but because the overall outcome produced by the Japanese economic system is extremely…
- Jesper Koll
- The Japan Times
Japan manages to balance income growth and income distribution so well that, unlike many other advanced economies, Japan’s society is resilient against the rise of popular nationalism a-la Donald Trump in America, Jean-Marie Le Pen in France or Xi Jinping in…
The goal of an economy is to create and sustain a stable society.
To do so, an economy must produce growth and…