The Shinkansen and Japan’s Lost Decades

30 Oct 2024 Leave a comment

by Jim Rose in applied price theory, economic growth, economics of bureaucracy, industrial organisation, macroeconomics, Public Choice, public economics, survivor principle, transport economics, urban economics Tags:

Japan is known for many things, but two of them are the Shinkansen high-speed trains and the nation’s three Lost Decades of slow economic growth. Unfortunately, most tourists who go to Japan see the former and don’t see the latter and especially don’t see the connection between the two. The … Continue reading →

The Shinkansen and Japan’s Lost Decades

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