The Free Market 31, no. 11 (November 2013) Marc Abela talks with us about the state of Austrian economics and the freedom philosophy in Japan. Abela, a Canadian by birth, has lived in Japan for almost...
Marc Abela
Marc Abela is the organizer of the Mises Meetings in Japan
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Jeff Deist and Marc Abela discuss the Bank of Japan's failed 25 year program of monetary stimulus, and the impossibility of "Abenomics".
Japan suffers the universal results of high taxation and the wide variety of social problems that follow. No longer is one income enough to make ends meet. Government regulations make it difficult for new industries to compete against the established giants and most industries behave like state-owned enterprises.