Koichi Hamada

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

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.

Commentary / Japan Feb 26, 2018

Education in the digital age

The Fourth Industrial Revolution will amount to a major test for a Japanese education system focused on reciting facts and performing formulaic calculations — precisely the areas where humans cannot compete with intelligent machines.