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July 02, 2026
 

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John Authers
Former Chairman of the U.S. Federal Reserve Alan Greenspan's long era of economic stability masked decisions that helped fuel the financial excesses leading to the 2008 crisis.
COMMENTARY / World
Jul 1, 2026
Greenspan deflated one bubble ¡ª his own authority
Years of economic success under Alan Greenspan ultimately gave way to financial turmoil that critics say his policies helped create.
U.S.Treasury Secretary Scott Bessent brushed off fears of Europeans weaponizing bond sales at Davos, but his response hinted at unease over America¡¯s reliance on foreign capital.
COMMENTARY / World
Jan 27, 2026
After Davos, bond markets are wielding a new big stick
Many now agree with Canadian Prime Minister Mark Carney¡¯s assertion at Davos that the postwar international rules-based order has suffered a ¡°rupture,¡± not a transition.
Demonstrators hold a banner reading "No to imperial interventionism!" during a march in Mexico City on Jan. 10 in support of deposed Venezuelan president Nicolas Maduro and against a possible U.S. intervention in Mexico.
COMMENTARY / World
Jan 13, 2026
The U.S. sphere of influence is bigger than it looks
While this shows a big shift in U.S. cultural priorities, there isn¡¯t a whiff of willingness to leave Russia or particularly China alone in their own spheres of influence.
Britain¡¯s stagnant economy and the damage from Brexit make a pragmatic new trade deal with the EU the most realistic path to revive growth without reopening old political wounds.
COMMENTARY / World
Dec 9, 2025
The U.K. needs a new deal, without saying Brexit
It isn¡¯t necessary to rebuild the whole EU institutional architecture to retrieve the benefits that have been lost.
Amid the election of Sanae Takaichi as Liberal Democratic Party president, and possibly the next prime minister, Japan's economy shows signs of recovery, but weak wages, a conservative corporate culture and currency issues raise doubts about a true economic thaw.
COMMENTARY / Japan
Oct 13, 2025
Hypothermia in the land of the rising Sanae
Of late, the country has suddenly given every impression of heat. There are good reasons to believe hypothermia is over.
U.S. Defense Secretary Pete Hegseth¡¯s new Pentagon policy mandating pre-approval for unclassified information threatens to reverse nearly a century of First Amendment protections.
COMMENTARY / World
Oct 6, 2025
Hegseth tries turning back 94 years of press freedom
The history on his side has been discredited by the Supreme Court for a century.
Shipping containers near the Yangshan Deepwater Port in Shanghai. The U.S. under President Donald Trump has revived mercantilist trade policies to favor American industry, but China is outpacing the U.S.
COMMENTARY
Sep 29, 2025
Why America will lose its mercantilist game to China
There is already one country that has been practicing mercantilism for decades and it appears to be a step ahead of the U.S. as it starts to play the same game: China.
A Rheinmetall Leopard 2 tank production line in Unterluess, Germany. The country's new chancellor, Friedrich Merz, has pledged to make the Bundeswehr Europe¡¯s strongest army, marking a sharp departure from post¨CCold War pacifism and sparking economic optimism rather than fear.
COMMENTARY / Japan
May 19, 2025
German rearmament is a welcome ¡®war dividend¡¯
Merz¡¯s planned arms buildup means the definitive end to the ¡°peace dividend¡± that the Western world had enjoyed since the fall of the Soviet Union in 1991.
Japan Times
COMMENTARY / World
Sep 14, 2022
How the Ukraine offensive will shift the market narrative
And not for the first time, market attitudes toward events in the Ukraine war have been inconsistent as the nature of war makes economic predictions difficult to make.
Japan Times
COMMENTARY / World
Dec 31, 2021
What inflation in 2022 will teach us about capitalism
Since the 1980s, capitalism has evolved to keep inflation under control. The risk now is that capitalism has embarked on a regime change.
Japan Times
COMMENTARY / World
Nov 24, 2021
The Fed has risen too far above political control
The problem with the Fed is that the need for stability ¡ª and for avoiding market shocks ¡ª cuts across the desire to exert more democratic control over the central bank.
Japan Times
COMMENTARY / World
Aug 10, 2020
Vaccine confronts humanity with next moral test
Who gets coronavirus protection first (and last)? Who profits (and loses)? What is ¡°informed consent¡± (if it exists)? Divided societies face agonizing choices.
More facilities in Japan placing sanitary bins in men¡¯s restrooms
A sanitary bin with an awareness sticker placed in a men's restroom in the Nagasaki Municipal Government building
Inside Japan¡¯s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
Life inside Japan¡¯s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
India¡¯s gig workers pay the price for exposure to New Delhi¡¯s hazardous air
Rohit Kushwaha waits for a customer as he delivers his last parcel of the day, in New Delhi in January. His work as a delivery driver has helped pay the family¡¯s bills, but has had a significant impact on his health.
Reform panel calls for easing data center building standards
Prime Minister Sanae Takaichi emphasized that the government will promote reforms of regulations and systems that fit the artificial intelligence era.
Japan¡¯s fertility system offers few safe paths for same-sex couples
A Tokyo Pride parade participant holds a sign that says "we want to be a married couple, not a couple."
Life inside Japan¡¯s largest prison for women
Western-style rooms spanning the size of four tatami mats with hardwood floors, a toilet and soft mattresses on bed frames are designated for foreign nationals and those with health conditions at Tochigi Prison.
Inside Japan¡¯s rigid adoption system, a British family finds a way
James Benstead, his wife, Jesse, and their three children. Their adopted son is in the rear stroller.
A French ship with close ties to Japan combines arts and sciences on the high seas
Romain Troubl¨¦, the executive director of Tara Ocean Foundation, speaks to visitors aboard the Tara during a rare port call in Tokyo in April.
In Kyushu¡¯s far south, Senti.U sparks a culinary destination
Chef Yasuhiko Uchida was born in Saga Prefecture but has made his home in Kanoya, Kagoshima Prefecture, since 2012.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival
By Alex K.T. Martin

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