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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 / 2)
Still... one wonders if things have not changed slowly, such that capital is much less important for productivity than before...

Given that the world is awash in capital and the strain that is being put on the economy in order to extract from it a "suitable" rate of return on capital, this might well be true.

The brainless should not be in banking -- Willem Buiter

by Carrie (migeru at eurotrib dot com) on Wed Mar 24th, 2010 at 10:57:41 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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