Reconsidering Japan and Reconsidering Paul Krugman Steven Hill, Truthout

"The New York Times is doing a series on Japan, which the Times describes as an examination of 'the effects on Japanese society of two decades of economic stagnation and declining prices.' Reading the series is about as cheery a task as rubbernecking at a car wreck on I-95, but, unfortunately, the Times series simply repeats the 'conventional wisdom' about Japan put out by the same economic experts who missed an $8 trillion housing bubble in the United States, and, in fact, have been wrong on most of the big economic issues over the past two decades."
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http://www.truth-out.org/reconsidering-japan-and-reconsidering-paul-krugman65796 

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