Eamonn Fingleton is a Tokyo-based author and economic
commentator whose latest book is Unsustainable: How
Economic Dogma Is Destroying American Prosperity
(Nation Books, 2003).
He is also the author of In Praise of Hard
Industries: Why Manufacturing, Not the Information
Economy, Is the Key to Future Prosperity.
Published by Houghton Mifflin in 1999, this presented
an early - and damning - critique of the New Economy
and a strong warning about the decline of America's
once world-beating advanced manufacturing industries.
The book was named one of the ten best business books
of 1999 by Amazon.com Business Editor Harry C.
Edwards. It was also named one of the Ten Books that
Matter by The Industry Standard, the now
defunct magazine for Internet professionals. It has
been translated into Japanese and Korean.
His earlier book, Blindside: Why Japan Is Still on
Track to Overtake the U.S. by the Year 2000, was
named one of the Ten Best Business Books of 1995 by
Business Week. Excerpted in both Foreign
Affairs and Fortune, Blindside was
published in French and Japanese as well as in several
English-language editions.
A former editor for the Financial Times and
Forbes, Fingleton worked successively nine
years in London and five in New York before moving to
Tokyo in 1985. He is thus one of the few
English-language journalists who can claim an in-depth
knowledge of all three of the world's major financial
capitals. He has reported from most of East Asias
major economies and, as a member of a top-level
American financial delegation to Beijing, met China's
supreme leader Deng Xiaoping in the mid 1980s. His
commentaries on Japanese economics and business have
been published in The Atlantic Monthly, The New
York Times, the Harvard Business Review,
Challenge, The Washington Post, Time, GQ, Technology
Review and The New Republic. He has been
a contributor to or interviewee on many broadcast
media, including CNBC, CNN, National Public Radio, the
BBC, RTE, and Sky News. In September 1999, he was the
featured interviewee on NPR's Talk of the Nation
program.
Known for a series of prescient forecasts issued in
Euromoney magazine in the late 1980s, he
predicted Japan's real estate crash, the subsequent
Tokyo banking crisis, and the long Tokyo stock market
slump. In the 1990s he was almost alone among economic
commentators in consistently and correctly maintaining
that Japan would ride out the strains of both the
rising yen and the Tokyo banking crisis without having
to abandon its distinctive economic institutions. As
he showed in an article he contributed to the November
2002 issue of the London intellectual magazine,
Prospect, Japanese officials deliberately
exaggerated Japan's economic problems in the 1990s in
an effort to stay below Washington's radar on trade.
Click here to read "Japan's fake funk: the truth about a nation that won't import."
His books have been commended by, among others, James
Fallows, Pat Choate, John Kenneth Galbraith, Ralph
Nader, Senator Ernest Hollings, Roger Milliken,
President Bill Clinton, Chalmers Johnson, and Robert
Heller.
He is currently working on a new book entitled The
Sun, the Dragon, and the Sleeping Cowboy: Japan's
Secret Understanding with China and the Coming
Collapse of American Power.
His writing on accounting matters at Forbes
won him the American accounting profession's 1983
award for excellence in financial writing. In June
2001, he received the American Values Award of the
U.S. Business & Industry Council for his work on
Blindside and In Praise of Hard Industries.
He welcomes e-mail messages and, even more so,
snail-mail communications from readers of his writings
and tries to offer the courtesy of a reply (or at
least an acknowledgment) to all bona fide
correspondents. His contact details are: