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What really caused Japan's Lost Decade? | 54 comments (54 topical, editorial, 0 hidden)
Re: What really caused Japan's Lost Decade? (4.00 / 5)
Forced spending? Homo economicus knows of no forced spending. Homo economicus needs no home - he (because being a women is uneconomical) can sleep in a tent. Homo economicus need not buy food when perfectly good food is thrown away every day.

In boom times homo economicus has a high paying job and lives like a bum, and when the bust comes he can cash in.

If this seems implausible to you you must not have met homo economicus, fortunately serious economists seem to know him very well.

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by A swedish kind of death on Wed Mar 24th, 2010 at 05:15:01 AM EST
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What really caused Japan's Lost Decade? | 54 comments (54 topical, 0 editorial, 0 hidden)
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