Thanks, Tobias, for a very thoughtful review. You raised a number of serious questions about the political ability to realize the opportunity now being presented to Japan, and they deserve a response. I'll present one fairly soon.
Tobias has pointed out the serious political hurdles to implementing pro-entrepreneurship reforms. I had pondered over these hurdles myself and the concluding Part V of the book is devoted to seeing how these hurdles could be overcome. This post summarizes my argument. See: https://richardkatz.substack.com/p/the-snowball-effect-and-economic
Thanks, Tobias, for a very thoughtful review. You raised a number of serious questions about the political ability to realize the opportunity now being presented to Japan, and they deserve a response. I'll present one fairly soon.
Tobias has pointed out the serious political hurdles to implementing pro-entrepreneurship reforms. I had pondered over these hurdles myself and the concluding Part V of the book is devoted to seeing how these hurdles could be overcome. This post summarizes my argument. See: https://richardkatz.substack.com/p/the-snowball-effect-and-economic