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The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.


#303: Japan's Lost Lesson

September 7th, 2011

Episode 406 of 902 episodes

On today's show: A financial crisis that began with the popping of a huge housing bubble and led to a stock market plunge and a banking crisis.That's right. It's a show about Japan in the 1990s.We talk to Adam Posen, who argues that the U.S. can learn a lot from Japan's mistakes. Posen is an economist at the Peterson institute and the Bank of England.