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Koichi Hamada

Koichi Hamada

Writing for PS since 2013
55 commentaries

Koichi Hamada, Professor Emeritus at Yale University, was a special adviser to former Japanese Prime Minister Abe Shinzō.

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  1. Don’t Blame the Democrats for US Inflation
    hamada55_Mario TamaGetty Images_inflation Mario Tama/Getty Images

    Don’t Blame the Democrats for US Inflation

    Nov 3, 2022 Koichi Hamada defends the party’s responses to the pandemic and the Ukraine war, despite their effects on prices.

  2. Mourning the Real Abe Shinzō
    hamada54_Kiyoshi Ota - PoolGetty Images_shinzo abe Kiyoshi Ota - Pool/Getty Images

    Mourning the Real Abe Shinzō

    Sep 2, 2022 Koichi Hamada recounts his time advising the slain Japanese prime minister, who turned out to be more liberal than assumed.

  3. Is Taiwan the Next Ukraine?
    hamada53_Ceng Shou YiNurPhoto via Getty Images_taiwan china Ceng Shou Yi/NurPhoto via Getty Images

    Is Taiwan the Next Ukraine?

    Jul 7, 2022 Koichi Hamada considers whether US abandonment of strategic ambiguity is really the best way to deter a Chinese invasion.

  4. When Does Inflation Stop?
    hamada52_SERGEI SUPINSKYAFP via Getty Images_covid airline travel inflation SERGEI SUPINSKY/AFP via Getty Images

    When Does Inflation Stop?

    May 3, 2022 Koichi Hamada frames an answer by examining the various mechanisms that have pushed up consumer price indices.

  5. Making Japan Productive Again
    hamada51_ TOSHIFUMI KITAMURAAFP via Getty Images_japanese work culture TOSHIFUMI KITAMURA/AFP via Getty Images

    Making Japan Productive Again

    Mar 11, 2022 Koichi Hamada emphasizes the importance of reforming the country's work culture after the pandemic.

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  1. sierakowski91_Omar MarquesGetty Images_ukrainian refugees Omar Marques/Getty Images
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    Resentment on the Western Front

    Sławomir Sierakowski thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals.
  2. vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images
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    Crypto’s Well-Worn Path to Crisis

    Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.
  3. roubini171_Spencer PlattGetty Images_recession looming Spencer Platt/Getty Images
    7

    The Unavoidable Crash

    Nouriel Roubini anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing.
  4. nye236_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images
    1

    War Over Taiwan?

    Joseph S. Nye, Jr. considers whether a deterrence arrangement that has worked for 50 years is still sufficient.
  5. op_livingston1_Anna MoneymakerGetty Images_fed Anna Moneymaker/Getty Images
    2

    The Contested Fed

    James Livingston

    By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.

     reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
  6. pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images
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    The Economics of Mainstreaming Climate Action

    Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.
  7. haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images
    2

    Killing Twitter

    Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.
  8. emmott41_musk
    2

    The Napoleons of Big Tech

    Bill Emmott

    Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.

     sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
  9. BP - ftx NurPhoto / Contributor via Getty Images
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    The Crypto Emperor’s New Clothes

    The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?

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