Thursday , May 15 2025
Home / Mike Norman Economics (page 1133)

Mike Norman Economics

Yanis Varoufakis — The Progressive International has been launched. Read the Open Call. See the video. Join us!

Power to the People! ✊ In conjunction with the Sanders Institute. Yanis VaroufakisThe Progressive International has been launched. Read the Open Call. See the video. Join us!See also Is trade a promoter of peace? Adam Smith, one of the earliest defenders of trade, worries that commerce may instigate some perverse incentives, encouraging wars. The wealth that commerce generates decreases the relative cost of wars, increases the ability to finance wars through debts, which decreases their...

Read More »

Japan has some of the longest working hours in the world. It’s trying to change

Japan has some of the longest working hours in the world. Nearly one quarter of Japanese companies require employees to work more than 80 hours of overtime a month, according to a 2016 government survey. Those extra hours are often unpaid. And the Japanese aren't taking enough time off, either. A study by Expedia found that Japanese workers on average didn't use 10 of their paid vacation days, and 63 percent of Japanese respondents felt guilty for taking paid leave. Yet long work...

Read More »

Japan latest…

This one from Mike's latest:  "Industrial production in Japan jumped 2.9%, more than twice what economists expected and the largest rise in more than three years.  Industrial output had fallen in the past six months, but the rise in October lifts the year-over-year rate to 4.2%, the best since the middle of last year.  Separately, for the fourth consecutive month, the Bank of Japan has made a minor adjustment to its bond-buying program. It announced that it will only buy bonds 10-years...

Read More »