Saturday, June 19, 2010

Could DenominationRedenomination* Be the Answer to Japan’s Economic Woes?

* Thank you, Anonymous.
Back in the day, my hopes for Japan’s future diminished every time otherwise serious politicians—I think PM Fukuda Pere was one—suggested denomination as a means to boost Japan’s economic performance. I mean, seriously…But I’m much older now yet no wiser, so my faith in human wisdom is not what it used to be. Now, Daniel Ariely, one of my favorite people that I don’t know personally, has this to say about the irrational hold that numbers have on us. Now, I’m not so sure it won’t have Read the whole piece, and, if you liked it, go look up his other stuff.


Anonymous said...

The proper English term is "redenomination".

Jun Okumura said...