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(1187)

The Bathtub Episode: How the Pandemic Disrupted Plumbing

The Bathtub Episode: How the Pandemic Disrupted Plumbing

When you think about building a new home, obviously you think of various constraints regarding land, labor, and raw materials. But, of course, you can't build a new home without other basics, like win...

29 Jul 202150min

GXO's CIO on the Past, Present, and Future of Warehouses

GXO's CIO on the Past, Present, and Future of Warehouses

You can't talk about supply chains without talking about warehouses. Basically everything we buy at some point eventually sits in a warehouse. But warehouses themselves are changing. Whereas at one po...

26 Jul 202149min

What Complexity Economics Can Add to Our View of the World

What Complexity Economics Can Add to Our View of the World

Over the past year it's become clear that traditional economics doesn't necessarily do a great job of accounting for real world problems like transport gridlock or irrational decision makers. For inst...

22 Jul 202149min

Why Everyone's Experience Of Inflation Is So Different

Why Everyone's Experience Of Inflation Is So Different

Inflation is running hot these days. But, even when the official measures were considerably cooler, there were many people who were skeptical and insisted that inflation was running hot and rampant. I...

19 Jul 202136min

Vlad Zamfir on the Dangers of Unstoppable Software and What People Get Wrong About Blockchains

Vlad Zamfir on the Dangers of Unstoppable Software and What People Get Wrong About Blockchains

Vlad Zamfir is something of a crypto legend. The researcher was early into Bitcoin, and he was part of the Ethereum Foundation before it launched. He's still an active researcher in the space, but he ...

15 Jul 202157min

The Labor Episode: How the Omni Hotel Chain Is Dealing With Hiring Right Now

The Labor Episode: How the Omni Hotel Chain Is Dealing With Hiring Right Now

One of the big stories in the economy right now is the high number of unfilled job openings in the leisure and hospitality sectors. There are numerous theories for why these businesses have had a hard...

12 Jul 202155min

Steve Keen Says Economists Get Everything Wrong (Especially About Climate Change)

Steve Keen Says Economists Get Everything Wrong (Especially About Climate Change)

Mainstream economics has come under attack lately. People have begun questioning its understanding of things like inflation, monetary policy, deficits, and how best to get out of a downturn. Steve Kee...

8 Jul 20211h 8min

Ryan Holiday on Opening a Bookstore During a Pandemic

Ryan Holiday on Opening a Bookstore During a Pandemic

Bookstores typically aren't seen as the most attractive businesses in the year 2021. Add in the pandemic, and that makes it even tougher. And if you're in Texas, dealing with multiple blackouts, then ...

5 Jul 202147min

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