Shinzo Abe doesn't wear a wizard's hat. Nor is the prime minister known to be skilled in sorcery, voodoo or hypnosis. And yet somehow Abenomics entranced millions for nearly three years, none more so than the MBA set in New York and London that should have known better. Western investment banks beefed up Tokyo staffs, stamped "buy" ratings on Nikkei stocks and raced out reports on Japan triumphing
![Why were smart people suckered by Abenomics?](https://cdn-ak-scissors.b.st-hatena.com/image/square/b2f4fd536ba0e2529c46867144c1c0c2e65ad090/height=288;version=1;width=512/https%3A%2F%2Fwww.japantimes.co.jp%2Ftheme_japantimes%2Fimages%2Fno-image.png)