3min chapter

GoodFellows: Conversations from the Hoover Institution cover image

Viewer Mail, Part II: Empires, War Crimes, and Bad Facial Hair | GoodFellows: John Cochrane, Niall Ferguson, H. R. McMaster | Hoover Institution

GoodFellows: Conversations from the Hoover Institution

CHAPTER

The Importance of Japan in the Development of the Developed World

Japan has the largest public debt in relation to gross domestic product of any major economy. John Sutter: Japan is the experimental laboratory of the society of the future because it's the society that's aged the fastest. Newers and economists are really well placed to tell us, is this where we're all heading? Or are there very special features about Japan that make all of this compatible with the kind of social stability that you describe?"

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