Could a wide-sweeping decline in religious beliefs be one of the underlying causes?
For Robert Samuelson's latest contributions to The Japan Times, see below:
Cheer up, innovation also creates employment.
A new book offers some answers and sensible suggestions to reduce the odds of a future crisis.
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.