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Op/ed: Lessons from Japan’s struggle to recover from a post-bubble bout of deflation
At its core, Abe’s decision to postpone the consumption-tax increase reflects the chaos that prolonged weak economic momentum inflicts on countries wishing to pursue more than one objective — in this case, raising living standards, curtailing the growth in government debt and breaking the private sector’s deflationary mindset.
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Op/ed: What’s ‘right’ and what’s ‘left’ in national political scene
Bloomberg View’s Cass Sunstein reports on research showing that “partyism” is now an even deeper social division in American society than racism. Political commentator Jonathan Chait thinks that’s just fine: He wouldn’t want his child to marry a Republican.
