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Koichi Hamada

Koichi Hamada

Writing for PS since 2013
64 commentaries

Koichi Hamada, Professor Emeritus at Yale University, was a special adviser to former Japanese Prime Minister Abe Shinzō.

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  1. The Lasting Legacy of Abenomics
    hamada64_Franck Robichon - PoolGetty Images_abe Franck Robichon/Pool/Getty Images

    The Lasting Legacy of Abenomics

    May 6, 2024 Koichi Hamada highlights two important aspects of the late Japanese Prime Minister Abe Shinzō’s policy agenda.

  2. Why Don’t Japanese Give to Charity?
    hamada63_Buddhika WeerasingheGetty Images_japan charity aid Buddhika Weerasinghe/Getty Images

    Why Don’t Japanese Give to Charity?

    Mar 11, 2024 Koichi Hamada examines what may encourage – or impede – charitable giving in Japan and elsewhere.

  3. Is a Weak Yen Good for Japan’s Economy?
    hamada62_TORU YAMANAKAAFP via Getty Images_yen TORU YAMANAKA/AFP via Getty Images

    Is a Weak Yen Good for Japan’s Economy?

    Jan 8, 2024 Koichi Hamada considers whether the currency’s appreciation or depreciation is better for macroeconomic performance.

  4. Should Fiscal Policy Resemble Private Budgets?
    hamada61_Jemal CountessGetty Images for the Peter G. Peterson Foundation_debt Jemal Countess/Getty Images for the Peter G. Peterson Foundation

    Should Fiscal Policy Resemble Private Budgets?

    Nov 3, 2023 Koichi Hamada explains how governments can use deficit spending to achieve full employment without risking default.

  5. Why a Global Recession Is Unlikely
    hamada60_Spencer PlattGetty Images_NYSE Spencer Platt/Getty Images

    Why a Global Recession Is Unlikely

    Sep 6, 2023 Koichi Hamada explains why consensus predictions of a worldwide economic downturn this year have not weathered well.

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  1. milani5_Fatemeh BahramiAnadolu via Getty Images_iran raisi Fatemeh Bahrami/Anadolu via Getty Images

    Iran’s Succession Crisis Is a Legitimacy Crisis

    Abbas Milani explains why few Iranians within or outside the country truly mourn the death of President Ebrahim Raisi.
  2. rogoff249_Alex WongGetty Images_powellbiden Alex Wong/Getty Images

    Central Banks’ New-Old Inflationary Bias

    Kenneth Rogoff explains why policymakers are more likely to risk higher prices during periods of economic uncertainty.
  3. slaughter103_ BSIPUniversal Images Group via Getty Images_ai elderly BSIP/Universal Images Group via Getty Images

    Can AI Improve Family Life?

    Anne-Marie Slaughter & Avni Patel Thompson foresee parents and other caregivers spending more time on meaningful activities, and less time on drudgery.
  4. r2hoffman1_Aleksandr DurnovGetty Images_aihuman Aleksandr Durnov/Getty Images

    Maxims for the AI Age

    Reid Hoffman

    Far too often, debates about technology, innovation, and progress fall into crude dichotomies – humans versus machines, utopia versus dystopia – that distract from the matter at hand. Rather than fixating on extremes, we should adopt a more nuanced and historically informed view of our tools, and of ourselves.

    offers six principles to guide our thinking about the technology's potential risks and rewards.
  5. frankel160_ NIKOLAY DOYCHINOVAFP via Getty Images_EUpollution Nikolay Doychinov/AFP via Getty Images

    Europe’s Carbon Border Tax Advances the Fight Against Climate Change

    Jeffrey Frankel shows how the European Union’s carbon-price mechanism could encourage other countries to follow suit.
  6. moghalu4_Peter TitmusUCGUniversal Images Group via Getty Images_southafricashipping Peter Titmus/UCG/Universal Images Group via Getty Images

    Africa Can’t Prosper Without Regional Trade

    Kingsley Moghalu argues that the continent has been missing a key ingredient of robust, sustained growth.
  7. krueger75_Kent NishimuraGetty Images_israelprotest Kent Nishimura/Getty Images

    Divestment from Israel Will Not Bring Peace

    Anne O. Krueger argues that meeting protesters' demand would weaken US universities – one of America’s sources of strength.
  8. bp - trade war Photo by Costfoto/NurPhoto via Getty Images

    The US-China Trade War Heats Up

    A spate of new US tariffs on Chinese goods has raised the specter of full economic decoupling between the world’s two largest economies. For many observers, the measures are not only misguided, but also counter-productive, with the potential to undermine economic dynamism, hamper climate action, and trigger geopolitical conflict.

  9. op_rajan4_MANJUNATH KIRANAFP via Getty Images_Indiastartup Manjunath Kiran/AFP via Getty Images

    The Indian Election and the Country’s Economic Future

    Raghuram G. Rajan

    Economically, India today feels like a place of limitless possibilities. But with only a narrow window in which to grow rich before it grows old, the policy decisions it makes today will have an outsize influence on its future prospects.

    worries that the country will squander its massive potential by trying to emulate China's growth strategy.

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