Hamburger Economics: What Sizzling Prices Reveal about Japan's Economy
Ready quick and easy to eat, hamburgers are the quintessential comfort food. But they also offer insight into the state of Japan's economy. During years of severe deflation, burgers sold for tiny sums. Now, prices are on the rise. While major chains have been able to raise wages, owners of small burger shops are struggling to do the same. We look at what hamburgers tell us about the economy and the hints they provide on how to achieve a so-called "virtuous cycle."
Guests:
Watanabe Tsutomu (Professor, Graduate School of Economics, The University of Tokyo)
Matsubara Yoshihide (Hamburger critic)
Trailer
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