Michael Auslin, a history professor at Yale and soon to be scholar at the American Enterprise Institute, has a somewhat challenging survey of contemporary Japan at American.com, AEI's online magazine.As the article's title — "A Beautiful Country" — suggests, Auslin buys into the confident rhetoric that has emanated from Tokyo in recent years, but at …
Tag: globalization
Blair looks forward while looking back
I think it goes without saying that outgoing British Prime Minister Tony Blair will be recalled as a tragic figure, full of potential but consumed by circumstances largely beyond his control. (Check out the debate hosted by PostGlobal on this question.)Nevertheless, Blair remains impressive as a world leader who has tried to look forward and …
Japan’s own Gramm-Leach-Bliley Act
The Abe Cabinet, in the interest of promoting a more globalized and more competitive Japanese economy, has announced that it will seek to repeal Japan's equivalent to the US New Deal-era Glass-Steagall Act, which was repealed in the US in 1999 with the Gramm-Leach-Bliley Financial Services Modernization Act. (The FT's coverage can be read here.)The …
Questions to think about
Novelist Thomas Mallon, writing at The American Scholar, provides a list of questions -- no answers -- about "the future of the humanities in America." (Hat tip: Andrew Sullivan)For a short piece of ten questions, Mallon provides an awful lot to think about. I particularly like number ten: "Are we also willing to admit that …
A new "new world order"?
Apologies for the lag in posting; life in Nagata-cho has gotten busy, leaving little time to dash off notes.In any case, I want to call attention to an article in Foreign Affairs by Tufts University professor and blogger Daniel Drezner, called "The New New World Order."Drezner argues that US foreign policy in recent years has …
Second time farce…
An embattled George Bush in the White House, a Democratic Congress riled up about Japanese practices to give itself an unfair advantage in international economic competition...is it 2007 or 1992?But seriously, as this FT article reports, Congress is pushing hard for Secretary Paulson to join with European governments to pressure Japan to raise interest rates …
Paulson’s long-anticipated journey
US Treasury Secretary Henry Paulson is in Beijing this week at the head of a mission that includes Fed Chairman Ben Bernanke.Will these talks achieve concrete results?I have my doubts, because I don't think talks of this nature can "resolve" long-term structural changes in the global economy. As noted in this article in the International …
The paranoid fantasies of Lou Dobbs
This morning before work I caught Lou Dobbs on CNN International while flipping through the news channels. In the span of the few minutes I watched, he reported on grassroots efforts to fight illegal immigration quashed by the US corporations and the government, US cooperation on policing with "totalitarian" Red China, "the march of the …
Final roundup on the Democratic victory
In the past day several writers have produced worthwhile post-mortems on the elections that have echoed my concerns about the Democratic victory.First, at the New Republic website (free registration required), John Judis -- who must be happy now that he can return to his "emerging Democratic majority" trope -- provides a sober review of the …
An end to openness?
Obviously the biggest stories of the day -- pretty much all around the world -- are the Democratic majorities in the House and the Senate and Secretary of Defense Donald Rumsfeld's resignation.I gave my take on the former yesterday, in this post, but I want to call attention to comments on the election over at …