Japanese leaders have, in the past, often railed against public criticism of their policies by overseas economists. Never before, though, have they issued strongly worded rebuttals of foreign praise. Yet this is what happened when Professor Stephanie Kelton of Stony Brook University voiced her approval of government economic policy during her recent visit to Japan.
Modern Monetary Theory threatens revolution in economic thinking
Proponents advise printing money until inflation hits and approve of Abenomics