Robert J. Samuelson

For Robert J. Samuelson's latest contributions to The Japan Times, see below:

Mar 20, 2015

American-style shareholder capitalism on trial

Shareholder capitalism in the U.S. seems caught in a vicious circle as consumers spend less and save more to protect themselves against future economic shocks, thus prompting businesses buy back more of their stock and return the money to shareholders rather than launch major ...

Mar 13, 2015

Distinguishing good wage increases from bad

Any acceleration of wage gains in the U.S. could be taken as evidence of greater inflationary pressures and justification for the Federal Reserve to make quicker and steeper increases in interest rates. But the risk is that this conventional interpretation is mistaken.