Why Governments Haven't Learned The Lessons Of Japan
Odd Lots14 Okt 2019

Why Governments Haven't Learned The Lessons Of Japan

It's well known that Japan has (until recently) been mired in years of mediocre economic growth. And policymakers and economists use Japan as a warning for how developed economies can enter into prolonged slumps. But has anyone learned the lessons of Japan? In our latest episode, we talk to Richard Koo of the Nomura Research Institute, about his concept of the "Balance Sheet Recession" and why developed economies with lots of debt don't behave the way they do in textbooks. He explains how the lessons of Japan apply to Europe and the U.S. and what policymakers have failed to learn.

See omnystudio.com/listener for privacy information.

Episoder(1188)

Paul Mcnamara on the Problem With Turkey, and the Attempt To Save the Lira

Paul Mcnamara on the Problem With Turkey, and the Attempt To Save the Lira

Near the end of 2021, Turkey's government undertook a bold measure to stabilize the lira after the currency got clobbered throughout much of the year. The basic idea is that the government would pay s...

17 Jan 202238min

Afghanistan’s Former Central Bank Chief on the Dire State of the Country’s Economy

Afghanistan’s Former Central Bank Chief on the Dire State of the Country’s Economy

The Afghanistan economy was already in bad shape, with heavy reliance on foreign dollars, prior to the collapse of the government and the takeover by the Taliban. Since the fall, things have gotten ev...

13 Jan 202242min

A Top Antitrust Lawyer on How Increased Competition Could Fight Inflation

A Top Antitrust Lawyer on How Increased Competition Could Fight Inflation

When people think about tools to fight inflation, usually things like taxes or monetary policy come to mind. But lately there’s been more discussion about corporate power (particularly concentrated co...

10 Jan 202242min

Why the Price of Coffee Beans Soared in the Last Year

Why the Price of Coffee Beans Soared in the Last Year

Agricultural commodities have generally surged in price over the last year. One commodity that's gone particularly wild is the coffee bean. Arabica beans — those at the premium end — are up about 100%...

6 Jan 202254min

Understanding Turkey’s Bold Plan To Stabilize the Lira

Understanding Turkey’s Bold Plan To Stabilize the Lira

The Turkish lira was incredibly volatile in 2021. After getting crushed and falling to record levels, it bounced back in the middle of December after the government announced an unconventional plan to...

3 Jan 202245min

Mike Demarais on Design in Crypto and What Web 3.0 Will Look Like

Mike Demarais on Design in Crypto and What Web 3.0 Will Look Like

Everyone's talking about Web 3.0 (or Web3), but there's a lot of ambiguity about what exactly it's going to look like or even what it is. Nonetheless, there's a lot of enthusiasm about a crypto-based,...

27 Des 202153min

Jon Turek on the Macro Outlook for 2022

Jon Turek on the Macro Outlook for 2022

2021 was a historic year for markets and the broader economy. For the first time, seemingly in ages, there was a serious shift in realized inflation and the broader inflation outlook. This has ramific...

23 Des 202148min

Gene Seroka on What’s Happening Now at the Port of LA

Gene Seroka on What’s Happening Now at the Port of LA

There's no single measure we can look at to tell us whether supply chains are improving or not. There are some signs of easing (such as the number of containers sitting at the ports) but other signs a...

20 Des 202139min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
pengesnakk
livet-pa-veien-med-jan-erik-larssen
utbytte
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
lederpodden
rss-markedspuls-2
rss-sunn-okonomi
rss-pa-konto
finansredaksjonen
stockup
boligbobla