Profiles

Decades of Keynesian policy have crippled the Japanese economy. Only a turn toward free markets offer a real way out.

Whatever happens with the virus, the real story, the real historical change, is probably economic. Abenomics—Japan's ultra-Keynesian experiment—seems to be dead.

For Eugen Ehrlich, case law—as opposed to legislative law—could be be an effective tool in limiting state power and returning power to nonstate institutions.