Japan’s New Finance Minister

While Japan continues to linger in economic trouble with little hope for imminent recovery, Prime Minister Yukio Hatoyama forced his 77 year-old finance minister Hirohisa Fujii to resign last week and had him replaced with Naoto Kan, a former civic campaigner against government corruption with virtually no experience in economics. Behind the screens Ichirō Ozawa, […]

Japan Must Get the F-35

Not too long ago, Richard D. Fisher Jr. writing for The Washington Times, argued in favor of letting Japan in on the groundbreaking F-22 fighter aircraft. Current American law prohibits Lockheed-Martin from selling the plane overseas. According to Fisher there were two good reasons for letting Japan have the Raptor. “First,” he wrote, “the F-22 […]

Japan Goes All In

Last time we reported on Japan’s lingering in economic trouble, we identified decades of government interference as the cause of much of the country’s modern-day hardship. With the Democratic Party in power after years of Liberal Democratic leadership, there was reason to hope that the former would undo part of the Keynesian measures the latter […]