It’s Too Early To Write The Obituary Of Abeconomics

  • Some argue that Abeconomics alredy failed (after less than two years) and make it a showcase of failed Keynesianism. It’s too early to draw conclusions though.
  • It’s funny, because what (temparary?) derailed Abeconomics was a tax hike, under the Japanese economic circumstances the very antithesis of Keynesian policy.
  • We should also remind people that Abeconomics was inspired by Japanese policies in the 1930s, which successfully got Japan out of a similar slump.

It’s Way Too Early To Write The Obituary Of Abeconomics | Seeking Alpha