Tuesday, August 22, 2017

Koichi Hamada

Koichi Hamada is Professor Emeritus at Yale University and a special adviser to Japanese Prime Minister Shinzo Abe.

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Yama-dera cityscape
Economics 16

Keynes Reborn

Forty years after John Maynard Keynes published his General Theory, a counterrevolution took hold, reflecting sharp criticism of the fiscal activism Keynes championed. After another 40 years, Keynes’ … read more

money exchange AFP/Getty Images
Economics 6

Money from Heaven?

The world economy is struggling with persistently weak aggregate demand, below-target inflation, and slow or no growth. But these conditions, however troubling, should not lead central bankers to impl… read more

Commercial center in Japan
Economics 10

Less than Zero in Japan

On February 16, the Bank of Japan joined the ECB, the Swiss National Bank, and others in adopting negative interest rates on deposits. Though the move immediately pushed the interest-rate structure lo… read more

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