Japan’s Abenomics failure is 30 years in the making


This is the second in a two-part series on how world economies are relying on 30-year-old tools that won’t work today

Japan’s Shinzo Abe has a bad case of Yasuhiro Nakasone on the brain.

It’s not that the current prime minister constantly evokes the name of the one who served from 1982 to 1987. But in word, deed and worldview, Abe has read from the playbook of a fabled leader his dad, Shintaro Abe, served as foreign affairs…

Abe 1a Reuters Thomas PeterNakasone stood shoulder-to-shoulder with Ronald Reagan, Margaret Thatcher and Helmut Kohl back when big, bold things got done economically and …

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