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Tag Archives: Bubble Era

An Epitaph for Kishida’s New Capitalism

The Kishida government has declared that all Japan taxpayers have a “responsibility” to support its policy of dramatically increasing military expenditures, accepting the premise that Japan’s neighbors are likely to launch an armed attack unless deterred from doing so. This marks the effective end of “New Capitalism.”

The Costs of the Shinzo Abe Legacy

It was exactly a month ago today that Shinzo Abe was assassinated in Nara by 41-year-old Tetsuya Yamagami. As the passions of that event begin to settle, this is an opportune occasion to reconsider both the benefits and the costs of an administration which lasted longer than any other in Japanese history.