Showing posts with label Abenomics. Show all posts
Showing posts with label Abenomics. Show all posts

THE ECONOMIST WOULD BENEFIT FROM MASS IMMIGRATION

Mass immigration – Neo-Liberalism's poisoned panacea


The Economist is one of those smug, know-it-all publications that think they've got the inside track on the way the world works but in essence know nothing, or even worse than nothing, existing as veritable black holes of anti-wisdom.

You can tell they know nothing because in any given situation, regardless of differing circumstances, they invariably repeat the same message. I notice this particularly in their Japanese coverage, which I had a chance to peruse again in a recent article "Why the Japanese are having so few babies" prompted by a Japanese public official's suggestion that the country could boost its low birth rate by issuing secretly punctured condoms.