>June 28, 2000 / New York TIMES
>RECKONINGS/ By PAUL KRUGMAN
>Japan's Memento Mori
>... Whenever I write about Japan, I get quizzical letters from Americans
who don't see why they should care. The world's second-largest economy is
neither doing well enough to provide villains for a Michae
Japanese interest rates were negative for a while. How much more could
monetary policy do?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
>New York TIMES May 14, 2000 / RECKONINGS / By PAUL KRUGMAN / "Nihon
Keizai Shambles"<
In this column, PK re-applies his (mildly famous) analysis of the Japanese
stagnation. Again, he suggests that the Bank of Japan (BoJ) pump up the
Japanese money supply, in hopes of producing inflationary
