Het Was Erg Aardig Van Hem Om Dit Te Doen #34

Daniel Leussink of Het Financieele Dagblad and I had a conversation recently. An excerpt of some of what I said, translated into the Dutch, can be found here:

http://fd.nl/economie-politiek/967371/abenomics-levert-japanse-winkeliers-wisselend-resultaat-op

I wish I could say that I am the original author of the metaphor that the first two arrows of the Three Arrows of Abenomics were anesthetic for the Japanese economy, administered in advance of the surgery of the third arrow, structural reform. I think the first person to suggest this metaphor was Richard Katz of The Oriental Economist.