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The Crisis Cometh

In: The Japanese Economic Crisis

Author

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  • Jon Woronoff

Abstract

There is an odd intellectual conceit that, when one criticizes the Japanese economy, the heavy burden of proof is on the critic. Why, I may be asked, have you written so many nasty things about Japan? In theory, that is nonsense. Any economy, even the most perfect, has flaws. In practice, it is even sillier. When an economy has been weakening and fails to provide much material or spiritual well-being, as is Japan’s situation, the onus should lie with those who claim it is exceptional to prove their case.

Suggested Citation

  • Jon Woronoff, 1996. "The Crisis Cometh," Palgrave Macmillan Books, in: The Japanese Economic Crisis, chapter 11, pages 219-241, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37568-0_11
    DOI: 10.1057/9780230375680_11
    as

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