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Dollars and Dragons

I have just published the article below in  the American Conservative. TOKYO—In the mid 1990s, I published a book entitled Blindside: Why Japan Is Still on Track to Overtake the U.S. By the Year 2000....

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The Fingleton Invitation: Progress Report

People have asked me what happened to the Fingleton Invitation. The answer is nothing. Some months ago I invited Ed Lincoln, a former Tokyo-based economic adviser to the U.S. government, to join me for...

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Japan’s “Lost Decades”: The Sophistry Continues

My article in today’s New York Times Sunday Review has been generating heat as well as light. An article I have written on Japan for the January 8 New York Times Sunday Review went live at the...

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Japan’s Trade Figures: Some Perspective

As usual the American press missed the real story. The American press has made much of news that Japan last year recorded a deficit of $32 billion on its visible trade. Supposedly this is the beginning...

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The Japanese Electronics Industry: A Rebuttal

A message for Richard Katz and other Japan declinists: Look at the big picture. Probably no commentator has been more outspoken in proclaiming the demise of the Japanese economic model than Richard...

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The myth of Japan’s “lost decades”: An invitation to Ambassador John Roos

Why do Americans keep misunderstanding Japan? Much of the blame must be placed at the door of the State Department. And that is why last week I extended an unusual offer  to  the current U.S....

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Boeing Goes To Pieces

This article was first published in the January-February 2014 issue of The American Conservative. At a welcoming banquet in Japan in the 1980s, Ford Motor chairman Philip Caldwell received a memorably...

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Now Blogging at Forbes

I am now blogging at Forbes – you can find my most recent articles here. The RSS Feed for my Forbes blog is here.

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Some of My Recent Commentaries

  As some readers have noticed, I have not posted at Forbes.com lately. I hope to be back soon and, in the meantime, I thought it might be useful to list here some of my more important Forbes...

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The long arm of Japanese industrial policy: Northern Ireland’s experience

In Dublin, Ireland, where I have lived in recent years, many observers view East Asian economics as a remote issue of little interest in Western Europe. As I discovered the other day, it is an attitude...

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