A visitor to Tokyo just can't believe that this is what a decade of stagnation looks like. Restaurants are full, shops are bustling, construction cranes are all over the place. Yet on Thursday, a government report showed that Japan's economy had "contracted by a real 1.2% in the final three months of 2001
A visitor to Tokyo just can’t believe that this is what a decade of stagnation looks like. Restaurants are full, shops are bustling, construction cranes are all over the place. Yet on Thursday, a government report showed that Japan’s economy had “contracted by a real 1.2% in the final three months of 2001
Ambassador Glassman has had a long career in media. He was host of three weekly public-affairs programs, editor-in-chief and co-owner of Roll Call, the congressional newspaper, and publisher of the Atlantic Monthly and the New Republic. For 11 years, he was both an investment and op-ed columnist for the Washington Post.
The views represent those of the author and not necessarily those of Capitalism Magazine.
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