If there’s one thing communism is good for, it’s “degrowth”

What’s the reason for Japan’s long-run decline?

People still think government should try to steer the economy.

What people in government value more than anything.

Japan’s political elite has been marching steadily in the wrong direction

It’s probably best not to be copying Japan.

A parody of Keynesian spending.

Japan’s politicians didn’t learn from their mistake.

Politicians were wrong when they said a VAT would keep debt under control.

The IMF is more than happy to rationalize a bad approach.