FALLING SUN: Good essay on Japan, taxes, MacArthur, Rising Sun and banking (and a few other things as well!) by Bruce Bartlett.
An timely, but unstated subtext in this essay are several ideas on how we must reform Iraq’s economy like we did Japan’s. Of course, overtly stated is how stupid many American-bashing pundits were in believing the superiority of that economy in the late 1980s.
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