The Myth of Japan's Lost Decades | Mises InstituteThe earthquake, tsunami, and lingering nuclear crisis in Japan have devastated that country’s people and their place in the global economy. Can the island nation recover? To see where Japan might go next, we have to look at one of the persistent myths about its recent past — the myth of the lost decades.It is widely thought that Japan is in the 21st year of a recession, or at least of a muddle-thr
