Very fascinating analysis. It is indeed very strange, and sad, that Japan never reached it’s potential.
I think Georgist Land Value Taxes would have stopped the property bubble. In the recession, they should have stopped with the fiscal stimulus and let the economy readjust itself.
Very fascinating analysis. It is indeed very strange, and sad, that Japan never reached it’s potential.
I think Georgist Land Value Taxes would have stopped the property bubble. In the recession, they should have stopped with the fiscal stimulus and let the economy readjust itself.
Will we see a Plaza Accord for China ; I am too dumb to answer this question. Fascinating analysis , everyone should read Princes of yen