August 2019
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Recent Posts

Japan is finally escaping its deflation vortex. But it's not in the clear …

Japan has been struggling to wrest itself free of its deflationary spiral since the 1990s. It looks like may finally be doing that. Prices for consumers grew 0.7% in July—the most they've grown in nearly five years. Here's a look: If  … [...]

Sober Look: With deflation in BOJ's crosshairs, the yen is sure to …

NY Times: – Deflation remains firmly entrenched in Japan , figures showed Friday, as the central bank projected that its targeted level for inflation was still some years off, underscoring that there are no quick fixes for one of the … [...]

Sober Look: BOJ's money printing is offset by households' cash …

The Bank of Japan has been battling deflationary pressures and strong currency for years. Since the beginning of 2007, the yen has strengthened some 34% against the dollar, making Japanese goods more expensive and … [...]

Cultural Mobility of Labor [Economics of Culture and Tolerance]

Alex Merced when discussing Labor Mobility and unemployment issues, besides the typical immobility factors discussed in economics such as relationships and [...]