Greetings from Tokyo! This is the second in my series of Japan-related posts. The first one was about how Japanese living standards are too low. I recommended that Japan address its high poverty rate by creating a cash-based redistributive welfare state, on top of the creaky, failing corporate welfare state that it has traditionally relied on. But redistribution isn’t going to be enough to give Ja
![Ideas to boost Japanese growth (Part 1)](https://cdn-ak-scissors.b.st-hatena.com/image/square/cd517b4b9425ec3ee76fd681f3a2263e75cfa33e/height=288;version=1;width=512/https%3A%2F%2Fsubstackcdn.com%2Fimage%2Ffetch%2Fw_1200%2Ch_600%2Cc_fill%2Cf_jpg%2Cq_auto%3Agood%2Cfl_progressive%3Asteep%2Cg_auto%2Fhttps%253A%252F%252Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%252Fpublic%252Fimages%252Ff0091d0c-7d57-4edb-ba27-68d1725e5ae9_1023x683.jpeg)