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#alangreenspan

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The Japan Times<p>Japan has effectively exited deflation, but Prime Minister Shigeru Ishiba’s reluctance to acknowledge it reflects outdated economic fears rather than current reality. <a href="https://www.japantimes.co.jp/commentary/2025/02/13/japan/japan-victory-on-deflation/?utm_medium=Social&amp;utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/commentary/20</span><span class="invisible">25/02/13/japan/japan-victory-on-deflation/?utm_medium=Social&amp;utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/commentary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>commentary</span></a> <a href="https://mastodon.social/tags/japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>japan</span></a> <a href="https://mastodon.social/tags/boj" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>boj</span></a> <a href="https://mastodon.social/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://mastodon.social/tags/monetarypolicy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>monetarypolicy</span></a> <a href="https://mastodon.social/tags/japaneseeconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>japaneseeconomy</span></a> <a href="https://mastodon.social/tags/haruhikokuroda" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>haruhikokuroda</span></a> <a href="https://mastodon.social/tags/shigeruishiba" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>shigeruishiba</span></a> <a href="https://mastodon.social/tags/kazuoueda" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>kazuoueda</span></a> <a href="https://mastodon.social/tags/alangreenspan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>alangreenspan</span></a> <a href="https://mastodon.social/tags/benbernanke" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>benbernanke</span></a> <a href="https://mastodon.social/tags/janetyellen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>janetyellen</span></a> <a href="https://mastodon.social/tags/elonmusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elonmusk</span></a></p>
Cory Doctorow<p>II. Markets can solve problems, governments can't</p><p><a href="https://mamot.fr/tags/AlanGreenspan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AlanGreenspan</span></a> made a career out of blithely asserting that markets self-correct. It was only after the world economy imploded in 2008 that he admitted that his doctrine had a "flaw":</p><p><a href="https://www.pbs.org/newshour/show/greenspan-admits-flaw-to-congress-predicts-more-economic-problems" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">pbs.org/newshour/show/greenspa</span><span class="invisible">n-admits-flaw-to-congress-predicts-more-economic-problems</span></a></p><p>No matter how serious a problem is, the market will fix it. In 1973, the US <a href="https://mamot.fr/tags/ChamberOfCommerce" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChamberOfCommerce</span></a> railed against safety regulations, because "safety is good business," and could be left to the market. </p><p>5/</p>
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