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May 03, 2024
 

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Adair Turner
For Adair Turner's latest contributions to The Japan Times, see below:
COMMENTARY / Japan
Mar 17, 2015
Japan's accounting problem
Japan's 'lost decades' were not quite as disastrous as commonly assumed.
COMMENTARY / World
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.
COMMENTARY / World
Nov 17, 2014
Germany's secret credit addiction
Recent data shows Germany's unsustainable credit-fueled expansion is ending.
COMMENTARY / World
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.
COMMENTARY / World
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.
COMMENTARY / World
May 12, 2014
Perils of financial freedom
Chinese officials should be under no illusion that free markets are a panacea for the financial sector.
COMMENTARY / Japan
Mar 24, 2014
Monetize state debt when deflation risks persist
How will central banks achieve a final 'exit' from unconventional monetary policy and return balance sheets swollen by unconventional monetary policy to 'normal' levels?
COMMENTARY
Feb 23, 2014
In praise of controls that fragment the markets
The chairman of the U.K.'s Financial Services Authority wants to be blunt: Free flows of short-term debt can result in capital misallocation and harmful instability.
COMMENTARY / World
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?
COMMENTARY
Dec 30, 2013
Stagnation sustained by 'wrong type of debt'
The global economic recovery has been anemic because excessive private-debt creation before the crisis and subsequent attempts at deleveraging have weakened demand considerably.
COMMENTARY / World
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 defunct economist.''
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.
Climbing the branches of a Japanese family tree
By Alex K.T. Martin

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