The Sumo Champ in the Bath
Japanese bureaucracies, like others elsewhere, react to the prospect of transparency like a vampire reacts to the coming of daylight.
Japanese bureaucracies, like others elsewhere, react to the prospect of transparency like a vampire reacts to the coming of daylight.
Japan has become the region’s low cost producer in a range of industries, from shipbuilding to software engineering….
Until recently in Japanese eyes a typical foreigner meant a white Westerner. Now the foreigners that ordinary Japanese meet in the flesh are likely to be fellow Asians
Piketty’s tome was also the “least read” bestseller, with the average reader getting through just 2% of the text.
In terms of economic policy it is the populists that are pragmatic and the technocrats who inhabit cloud cuckoo land.
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.
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…
Asakusa, a downtown area fast becoming Tokyo’s new hipster central, is now a destination for foreign backpackers.
Companies will lobby for less restrictions on immigrants. All such changes will work to dilute the corporate monoculture.
“So apart from achieving full employment and doubling stock prices in two years, what has Abenomics done for us? Absolutely nothing!”