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Adair Turner
COMMENTARY / Japan
Mar 17, 2015
Japan's accounting problem
Japan's 'lost decades' were not quite as disastrous as commonly assumed.
COMMENTARY / World
Feb 13, 2015
Global economy's Chinese headwinds
Last year, interest rates were supposed to start rising in the U.S. and U.K. and quantitative easing would deliver increased inflation in Japan. Twelve months later, economic headwinds from China are a major reason why normality seems as distant as ever.
COMMENTARY / World
Nov 17, 2014
Germany's secret credit addiction
Recent data shows Germany's unsustainable credit-fueled expansion is ending.
COMMENTARY / World
Sep 14, 2014
Signpost says more eurozone deficit financing
The only question about European Central Bank President Mario Draghi's recent speech to central bankers in which he implied that avoiding a eurozone breakup will require increased fiscal deficits is how openly that reality will be admitted.
COMMENTARY / World
Aug 17, 2014
Rising hope for nations with falling birthrates
The lamentations of some economists in the advanced economies would have us believe that a shrinking population is a bad thing. In fact, the benefits of demographic stability, or even a slight decline, outweigh any adverse effects.
COMMENTARY / World
May 12, 2014
Perils of financial freedom
Chinese officials should be under no illusion that free markets are a panacea for the financial sector.
COMMENTARY / Japan
Mar 24, 2014
Monetize state debt when deflation risks persist
How will central banks achieve a final 'exit' from unconventional monetary policy and return balance sheets swollen by unconventional monetary policy to 'normal' levels?
COMMENTARY
Feb 23, 2014
In praise of controls that fragment the markets
The chairman of the U.K.'s Financial Services Authority wants to be blunt: Free flows of short-term debt can result in capital misallocation and harmful instability.
COMMENTARY / World
Jan 14, 2014
Economic inequality by the click
Free markets are expected to distribute the fruits of some new technologies in dramatically unequal ways. Will the relative losers, satiated by computer games and Internet entertainment, and provided with the basics of a minimally acceptable life, be too docile to revolt?
COMMENTARY
Dec 30, 2013
Stagnation sustained by 'wrong type of debt'
The global economic recovery has been anemic because excessive private-debt creation before the crisis and subsequent attempts at deleveraging have weakened demand considerably.
COMMENTARY / World
Jul 30, 2010
Economic ideology abuse
LONDON — "The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than commonly understood. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.''...

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?