A new book offers some answers and sensible suggestions to reduce the odds of a future crisis.
For Robert Samuelson's latest contributions to The Japan Times, see below:
A new article warns that the economy might be on the edge of a giant "wealth bubble" that will collapse with possibly dire consequences.
Americans now broadly support government programs that would be considered socialism in other countries.
The budget proposal is riddled with gimmicks and unrealistic assumptions.
The U.S. president argues that a rising deficit destroys jobs — but then boasts about low unemployment under his watch.
John Kenneth Galbraith expected more prosperity than was delivered.
We pay a high price for economic flexibility, but benefit enormously from the rising living standards it produces.
For Beijing to abandon its policies would mean scrapping its whole economic model, and politically, this would be hard to swallow.
Debate over wage growth must reflect solid realities, not politically convenient sound bites.
Taking a look at more than just the jobless rate, it may have been, according to one economist.