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Adair Turner

For Adair Turner's latest contributions to The Japan Times, see below:

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.

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.

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.

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?

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 ...