On the wall of economist Adam Posen’s Washington office hangs a framed poster of Akira Kurosawa’s 1954 film classic, “Seven Samurai.”
The memento speaks to Posen’s love of Japan, born in his days as a student and since manifested in his career, through books on the nation’s economic woes and trips to Tokyo to advise its policy makers. In a study published in June 2010, he even blended cultural and economic analysis to show what lessons “Seven Samurai” carries for central bankers.
Such ties to Japan and his role as the president of the Peterson Institute for International Economics lend weight to Posen’s views when he warns that the foreign love affair with Prime Minister Shinzo Abe’s economic program may be in jeopardy.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.