Professor Takatoshi Ito, director of CJEB's Program on Public Pension and Sovereign Funds, professor at the School of International and Public Affairs at Columbia University, wrote the Project Syndicate article "Does Japan Vindicate Modern Monetary Theory?" The article discusses how the Japanese government has amassed more and more debt without triggering higher borrowing costs or inflation and how Japanese leaders should start thinking about the country's huge stock of debts.
Does Japan Vindicate Modern Monetary Theory? (Project Syndicate, 12/22/21)
Professor Takatoshi Ito, Director of CJEB's Program on Public Pension and Sovereign Funds, Wrote the Article "Does Japan Vindicate Modern Monetary Theory?" for Project Syndicate
Professor Takatoshi Ito, director of CJEB's Program on Public Pension and Sovereign Funds, professor at the School of International and Public Affairs at Columbia University, wrote the Project Syndicate article "Does Japan Vindicate Modern Monetary Theory?" The article discusses how the Japanese government has amassed more and more debt without triggering higher borrowing costs or inflation and how Japanese leaders should start thinking about the country's huge stock of debts.