A 4th Arrow for Abenomics?
An article by Grant Newsham, a Risk Mitigation Advisor and CEO of the "3rd Rail" organization, on Abenomics was published in the Asia Times. This is an interesting piece on the Japanese economy entitled, "Abe Needs a Fourth Arrow," and the full text of the article may be found by here.
Mr. Newsham makes the point that Abenomics is said to have three arrows: monetary policy, fiscal policy and restructuring. His suggestion: add a fourth arrow and call it psychology.