I will be visiting Tokyo in the middle of next month. Any contacts or advice would be very much appreciated. Contacting me directly would be best.
What if the Japenese economy has been growing at an explosive rate, but mismeasurements have created a myth of lost decades. The problem stems from fundamental logical flaws in consumer theory. Alex Gheg, a former PhD econ student from the U. of Rochester explains the problem in this video. Quantity, quality, variety and convenience in one equation. How about a scale that measures utlity? http://www.youtube.com/watch?v=2c4mvGekYZY
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