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In terms of economic policy it is the populists that are pragmatic and the technocrats who inhabit cloud cuckoo land.
Month: January 2015
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Matsu-san the sushi chef died in a car accident. Mari the hostess committed suicide and my father Hachiro died of disease when fighting in the war. My young cousin Tatsuo was stabbed to death.
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High commodity prices were a mechanism for enriching plutocrats, oligarchs and sovereign wealth funds – effectively turning global labour income into capital which was then recycled into securities, prime real estate and art…