The trouble is that the downbeat narrative is deeply ingrained. The current crop of leading Japanese politicians, bureaucrats and businessmen are themselves well past middle age. Many think they have sacrificed enough since the glory days of the 1980s, when Japans economy seemed unstoppable. Mr Weinstein says they suffer from diminished-giant syndrome, nervously watching the economic rise of China. If they compared themselves instead with America and Europe, they might feel heartened enough to make some of the tough choices needed.
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