What my younger self never expected
At the start of a new year and a new decade, it is both humbling and illuminating to reflect on major global developments that no one saw coming just a few decades ago.
Thirty years on, there remain many hurdles that Rengo must overcome.
Thomas Piketty takes aim at wealth inequality
The French economist's new book is meant to jolt the global left out of its ideological stupor.
Japan's household income gap down slightly but remains near record level, 2017 survey finds
The income gap among Japanese households has improved slightly from a record-high disparity, a government survey conducted in 2017 shows. The key parameter for measuring income inequalities, known as the Gini coefficient, came to 0.5594 in the survey, down just 0.0110 point from the previous ...
Japanese tech companies are making changes to attract better talent. They can do more.
U.S. appeals court hands win to Trump in hotel 'emoluments' case
U.S. President Donald Trump on Wednesday scored a crucial victory in a Democratic-backed lawsuit that accuses him of violating anti-corruption provisions of the U.S. Constitution with his Washington hotel. The Richmond, Virginia-based 4th U.S. Circuit Court of Appeals issued a set of decisions instructing a ...
A majority of elderly households live on pension income alone, a welfare ministry survey showed Tuesday. The share of elderly households who said pension or military pension benefits are their only source of income fell to 51.1 percent in 2018. The figure, which had stood at ...
Higher wages key to higher productivity
A forced hike in wages is both a powerful stick and a nutritious carrot that will boost productivity, and thus the future prosperity of Japan.
U.S. farmer income falls most since 2016 as Trump trade war losses mount
Personal income for farmers fell by the most in three years in the first quarter, as losses to U.S. agriculture mount from President Donald Trump's trade wars. The Commerce Department on Monday cited the steep decline in farm proprietors' income as a key factor weighing ...
Carlos Ghosn's unusual Nissan perk: $601,000 Stanford tuition fees for his kids
Nissan Motor Co. paid tuition for all four of ousted chairman Carlos Ghosn's children when they attended Stanford University between 2004 and 2015, according to people familiar with the matter. The perk was part of Ghosn's employment contract from 1999, when he was hired as ...
Japan's tax laws get in way of more women working full time
One of the key elements of the Abe administration's efforts to stimulate the economy is getting more women into the workforce. As it stands, Japan has one of the highest rates of working women in the developed world, so the problem is not so ...
How inequality hampers economic growth
With job and income polarization having increased across all developed economies, the unrest in France should serve as a wake-up call to others.
