Debate over wage growth must reflect solid realities, not politically convenient sound bites.
For Robert Samuelson's latest contributions to The Japan Times, see below:
Taking a look at more than just the jobless rate, it may have been, according to one economist.
Politicians want to win, which makes it extremely hard for them to peddle long-term solutions.
Leaders have a hard time inflicting political pain now for possible future societal gains.
A look back by The Economist shows that the problem is not the past, it's the future.
We can no longer rule out the possibility of another great depression.
There are pluses and minuses, but on balance the pluses seem to prevail, according to the McKinsey Global Institute.
The one area where the new agreement is starkly more protectionist involves cars and trucks.
Paulson et al. still claim they did all that could be done to save the troubled firm.
Some economists foresee contagion: Turkey's problems will spread. Others envision a one-country economic blip.