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December 23, 2024
 

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Melvyn Krauss
Japan Times
COMMENTARY / World
Dec 9, 2020
Getting NATO back on track
Biden could start this process of reconciliation between France and Germany — and, more importantly, between the U.S. and its NATO partners — by canceling Trump's planned troop withdrawal.
COMMENTARY / World
Nov 11, 2013
Treasury and Krugman wrong about Germany
Germany's economic success is not due to some neomercantilist policy of using export subsidies and unfair trade interventions, so in what way can it be described as unfair
COMMENTARY / World
May 6, 2013
Let more structural reform lead EU's next deal
Europe needs a new deal that trades less national austerity for creditable plans for more structural reform. This can be done without costing Germany a euro cent.
COMMENTARY / World
Jan 19, 2008
China's currency peg is a gift to Europe
PALO ALTO, Calif. — Europeans are wrong to be angry with China because its currency peg to the dollar has boosted the euro against most currencies on foreign exchange markets. They should view the currency peg as a valuable gift.
COMMENTARY / World
Nov 21, 2007
Myth of U.S.-EU economic decoupling
PALO ALTO, Calif. — The fact that America's economy is slowing is bad news for Europeans, regardless of claims that Europe's economy has successfully decoupled itself from the United States. Decoupling is an idea that is based on bad economics — and on some Europeans' reluctance to accept the fact...
COMMENTARY / World
Oct 4, 2007
Sarkozy and the euro's perfect storm
PALO ALTO, Calif. — The more French President Nicolas Sarkozy attacks the European Central Bank and the strong euro, the more he is criticized in the European media, by European finance ministers, European Union officials and the ECB itself.
COMMENTARY / World
Jul 26, 2007
An energy tax for the European Union
PALO ALTO, Calif. — U.S. President George W. Bush's disastrous war in Iraq has put Europe in a bind. The United States long has been Europe's protector. Now, because of a war it wanted no part of, Europe finds its security undermined.
COMMENTARY / World
May 28, 2007
Sarkozy should look north for a model
PALO ALTO, Calif. — In gearing up to take France on a new economic course, French President Nicolas Sarkozy's choices are not confined to Anglo-American neoliberalism and the dying French model of social protection. There are other viable alternatives, one of which is the German model. Germany, after...
COMMENTARY / World
Apr 4, 2007
Good reasons to be bullish about the Europe Union
PALO ALTO, Calif. -- The European Union has been so successful that you would have thought there would be dancing in the streets at its 50th anniversary. Alas, there has been only persistent talk of failure -- to achieve political union, to adopt a constitution, to exercise global leadership and vision,...
COMMENTARY / World
Jan 31, 2007
Uneven growth presents a challenge for Europe
PALO ALTO, Calif. -- A year ago, the euro zone's most important challenge was anemic economic growth. But 2006 turned out to be a good year for growth in Europe, as surprising strength in exports sparked unexpected increases in domestic demand. Germany, the euro zone's biggest economy, had a particularly...
COMMENTARY / World
Nov 6, 2006
Europe's misguided 'growth pessimists'
PALO ALTO, Calif. -- So deep is the pessimism in Europe about the economy that the better the economy does today, the worse people think it will do tomorrow.
COMMENTARY / World
Sep 24, 2006
The art of making classical music fans
PALO ALTO, Calif. -- September is traditionally the time when opera companies and orchestras return to their home cities from Aix, Salzburg, Tanglewood and countless other summer festivals. This is also marked (on both sides of the Atlantic) by the return of worries about how classical music is financed....
COMMENTARY / World
May 20, 2006
Is Europe turning toward a strong euro?
PALO ALTO, California -- European Central Bank President Jean-Claude Trichet made news at the press conference following the May meeting of the ECB Governing Council not by what he said, but by what he did not say.
COMMENTARY / World
Mar 31, 2006
Let free trade offset guest-worker limits
PALO ALTO, Calif. -- Negative public opinion in the United States was the key factor behind the defeat of the proposed deal to turn over management of six U.S. ports to an Arab company. But the rejection of Dubai Ports World has disturbed America's trading partners and globalization advocates, who see...
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
Honda and Nissan consider mutual production of vehicles, report says
Honda CEO Toshihiro Mibe at the Japan Mobility Show 2023 at Tokyo Big Sight in October 2023.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

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