Deflation in Japan?

01/30/2013 Mises Wire Mark Thornton

The topic of deflation has risen to new heights in Japan because the new Prime Minister has promised to fight deflation and to set new minimum inflation targets for the Bank of Japan.

In this article Frank Shostak shows why Japan should not try to fight inflation. Instead they should fight their apoplithorsismosphobia.

What Is The Mises Wire?

Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

Submitting articles to Mises Wire

Reprints, Permissions and Copyrights

The views expressed on Mises Wire and mises.org are not necessarily those of the Mises Institute.

Subscribe to the Mises Wire

Latest Articles

Price Inflation Accelerated in October Following the Fed’s Rate Cut

11/15/2024 Power & Market Ryan McMaken

According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in October accelerated and month-to month increases in CPI inflation hit multi-month highs. The seasonally...

“NAFTA Fever” and the Myth of Government-Created Free Markets

11/15/2024 Mises Wire David Brady, Jr.

Left or right, the enemy is the free market. Every problem is the fault of the free market. On the left, the supposed radical deregulation of the 1980s paved the way for the financial crisis and the...

Stanley’s Orwellian Anti-Fascism

11/15/2024 Friday Philosophy David Gordon

Erasing History: How Fascists Rewrite the Past to Control the Future . By Jason Stanley. Atria One Step Publishing, 2024; 256 pp. Jason Stanley is a well-regarded philosopher of language, but you...

It’s Greek to Us: Angry Generation Z Women Reenact “Lysistrata” Post-Election

11/15/2024 Power & Market Jane L. Johnson

In the aftermath of Donald Trump’s decisive victory over Kamala Harris on November 5, millions of American women—especially those of Generation Z, born between 1997 and 2012, currently aged from 12 to...

Caplan’s Errors on the UAE and Open Borders

11/15/2024 Mises Wire Artis Shepherd

Arguments advanced to support a political position often fail to withstand the slightest scrutiny. Rather, they are meant to make an impression on the impressionable—those who lack the context...

Meet the Writer

Mark Thornton

Mark Thornton is the Peterson-Luddy Chair in Austrian Economics and a Senior Fellow at the Mises Institute. He is the...

Voting on Drugs

11/13/2024 Mark Thornton

The iron law of prohibition states that the more you attempt to enforce prohibition, the more dangerous and the more potent the drugs actually become.

Keynes Was Not Much Better at Investing than He Was at Understanding Economics

11/11/2024 Mark Thornton

John Maynard Keynes is the best-known economist from the 20th Century, that not being a good thing. At least he was more famous for his success in promoting his views than for his lack of success as an investor. His failures were an extension of his lack of economic understanding.

Subscribe to our Mailing Lists

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member