Koichi Hamada

For Koichi Hamada's latest contributions to The Japan Times, see below:

Biden’s stimulus trade-offs

Commentary / World Mar 3, 2021

Biden’s stimulus trade-offs

While Lawrence Summers may be overstating the inflation threat, a careful review of Joe Biden’s stimulus plan along the lines he proposes is probably a good idea.

Does Japan's experience vindicate MMT?

Commentary / Japan Jul 7, 2019

Does Japan's experience vindicate MMT?

Japan's experience doesn't prove that Modern Monetary Theory works, as some have argued. But increasing deficit-financed spending, in Japan and elsewhere, may still have merit, despite inflationary risks.