Podcast appearances and mentions of michael woodford

Igor Prusa, Ph.D. is a Czech scholar in Japanese and media studies, currently affiliated with Ambis University Prague and Metropolitan University Prague. He received PhDs in media studies at Prague's Charles University and at the University of Tokyo. His research interests include media scandals in Japan and anti-heroism in popular fiction. Today we're going to talk about his new book, Scandal in Japan: Transgression, Performance and Ritual (Routledge, 2024). He recently started teaching a course at the University of Vienna on the subject.Prusa explains his definition of a scandal, emphasizing its public revelation and media framing. He highlights the Unification Church scandal involving former Prime Minister Shinzo Abe, noting its unique trigger by a tragedy and the role of foreign media in revealing information. Prusa also discusses narrative aspects and media event characteristics of Japanese scandals, concluding that while controversies often serve as rituals, they rarely lead to fundamental societal improvements.They then mull over two major Japanese scandals. The first is the Olympus scandal of 2011, exposed by CEO Michael Woodford, which involved hiding company losses for over 20 years through creative accounting and mergers. The scandal was initially covered by outside media, with the Financial Times playing a crucial role. The Nissan scandal, involving CEO Carlos Ghosn, revealed millions in personal financial gains and a conflict between Japanese and French governance. Ghosn's extravagant lifestyle and a planned merger with Renault further fueled public outrage. This conversation also highlights the role of media in scandal coverage and the cultural nuances of whistleblowing in Japan.Lastly, Prusa tells what his 3 favorite books on Japan are:1. Shimbun Kisha (新聞記者) by Isoko Mochizuki  (望月衣塑子). Written in Japanese, this book provides insights into the role of journalists in Japan and how they have helped expose various scandals, including the Moritomo Gakuen and Shiori Ito rape cases. The book inspired a 2019 Japanese film by the same name.2. Media and Politics in Japan edited by Susan Pharr and Ellis Krauss, with a chapter on political scandals by Maggie Farley. This is a classic introduction to understanding the relationship between media and politics in Japan.3. Idols and Celebrity in Japanese Media Culture edited by Patrick Galbraith and Jason Karlin. Offers valuable insights into the role of idols and celebrities in Japanese media and culture, and how scandals can emerge in this context.Be sure to check out Igor Prusa's book Scandal in Japan: Transgression, Performance and Ritual.Visit him on social media at the following links:Academic website: https://mup.academia.edu/IgorPrusaLinkedIn (follow here for the latest Japanese scandals and Prusa's analysis)Facebook The Books on Asia Podcast is sponsored by Stone Bridge Press. Check out their books on Japan at the publisher's website.Amy Chavez, podcast host, is author of Amy's Guide to Best Behavior in Japan and The Widow, the Priest, and the Octopus Hunter: Discovering a Lost Way of Life on a Secluded Japanese Island.Books on AsiaTwitter: @BooksOnAsiaSubscribe to the BOA podcast at https://linktr.ee/booksonasia

Michael Woodford talks about how his journey as a salesman began when he was a child and how his career at Olympus came to an end when he, as President and CEO, uncovered huge fraud. His book, Exposure: from President to Whistleblower at Olympus, tells the full story. We also talk about his passion and commitment to saving lives through working with governments all over world to improve conditions for cyclists on roads.

This week on our live podcast, we're diving deep into the heart of sustainable design with none other than Michael Woodford from White Arkitekter's London office. Michael, with his vast experience and innovative projects at White Arkitekter will share insights on integrating green principles into urban spaces, buildings, and beyond.Grab your favourite cup of coffee, and let's get the conversation started. See you there!

Just weeks into Michael Woodford's new job as president of Olympus, he made a worrying discovery. The company was embroiled in a billion dollar fraud scandal. He tried to investigate the claims, but his colleagues quickly turned on him. And when he learned the Yakuza could be involved, Michael began to fear for his life. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Continued from Part 1… Like many Japanese companies, Olympus struggled after the economic bubble burst, but nonetheless found success again in the late 1990s with digital cameras. Olympus had foreseen the potential of digital photography early on and by 1996 was developing digital cameras with double the resolution of its rivals. Throughout the 2000s, Olympus continued to enjoy success, particularly in its digital camera and endoscope markets. But then came Michael Woodford. He was a British Olympus employee who became CEO of the company in 2011. When Woodford took his post, he discovered that Olympus had been concealing millions of dollars in losses. As a result, many top-level employees faced criminal charges and Woodford was ousted after just two weeks. Olympus has been working hard to regain a decent reputation ever since — though more corruption was discovered in 2016. Nevertheless, even with all the drastic changes of the past 10 years, Olympus continues to go from strength to strength in the medical devices industry. Now that it is without its camera division, perhaps the company can prove to us that basics really are best. (Jasmin Hayward) This article was provided by The Japan Times Alpha.

Scott Sumner is the Ralph G. Hawtrey Chair of Monetary Policy at the Mercatus Center and a returning guest to Macro Musings. He joins the podcast today to talk about his ongoing work on the Princeton School of Macroeconomics as well as his thoughts on monetary policy in 2021. Specifically, David and Scott discuss the economic contributions of various different Princeton economists as well as how the central bank can overcome inflationary fears and establish further institutional credibility.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Scott’s automated Twitter: @MoneyIllusion Scott’s blog: https://www.themoneyillusion.com/ Scott’s Mercatus profile: https://www.mercatus.org/scholars/scott-sumner   Related Links:   *It’s Baaack: Japan’s Slump and the Return of the Liquidity Trap* by Paul Krugman, Kathryn Dominguez, and Kenneth Rogoff https://www.brookings.edu/bpea-articles/its-baaack-japans-slump-and-the-return-of-the-liquidity-trap/   *Great Expectations and the End of the Depression* by Gauti Eggertsson https://www.jstor.org/stable/29730131?seq=1   *The Zero Bound on Interest Rates and Optimal Monetary Policy* by Gauti Eggertsson and Michael Woodford https://www.brookings.edu/bpea-articles/the-zero-bound-on-interest-rates-and-optimal-monetary-policy/   *Methods of Policy Accommodation at the Interest-Rate Lower Bound* by Michael Woodford https://kansascityfed.org/publicat/sympos/2012/mw.pdf   *Bernanke’s No-arbitrage Argument Revisited: Can Open Market Operations in Real Assets Eliminate the Liquidity Trap?* By Gauti Eggertsson and Kevin Proulx https://www.nber.org/papers/w22243   *Japanese Monetary Policy: A Case of Self-Induced Paralysis?* by Ben Bernanke https://www.princeton.edu/~pkrugman/bernanke_paralysis.pdf   *Implementing Optimal Policy through Inflation-Forecast Targeting* by Lars Svensson and Michael Woodford https://www.nber.org/papers/w9747   *Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others* by Lars Svensson https://www.nber.org/papers/w10195   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Robin Harding is the Tokyo Bureau chief for the Financial Times. Until 2015, he was based in Washington D.C., covering the U.S. Federal Reserve, the Treasury, and the IMF for the Financial Times. Robin Macro Musings to talk about the Japanese economy, Abenomics, and the evolution of monetary policy in advanced economies over the past decade. Specifically, Robin and David discuss what the Bank of Japan’s point inflation target has in common with the Fed’s average inflation target, how the Bank of Japan found itself on the frontlines of innovation in monetary policy, and what the legacy of Abenomics portends for the future of monetary policy.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Robin’s Twitter: @RobinBHarding Robin’s Financial Times profile: https://www.ft.com/robin-harding   Related Links:   *Six Abenomics Lessons for a World Struggling with ‘Japanification’* by Robin Harding https://www.ft.com/content/9f4b1656-95a2-41e0-9c86-70f5b063796d   *Abe’s Tenure Marked by Trade Successes and Thwarted Ambitions* by Robin Harding https://www.ft.com/content/125378c8-073c-41b6-9aef-42b985c24784   *Leave Public Debt Worries for Another Day* by Robin Harding https://www.ft.com/content/691cb9f4-b53d-4429-bba4-03ca623c0077   *Methods of Policy Accommodation at the Interest-Rate Lower Bound* by Michael Woodford https://www.kansascityfed.org/publicat/sympos/2012/mw.pdf?sm=jh083112-4   David’s Twitter: @DavidBeckworth David’s blog: http://macromarketmusings.blogspot.com/

Evan Koenig is a senior vice president and a principal policy advisor for the Federal Reserve Bank of Dallas where he has been since 1988. Evan joins the show today to talk about his time at the Fed and some of his research. David and Evan also discuss where the Federal Reserve’s review is going in the next six months, Evan’s preferred version of nominal GDP targeting, and how important the yield curve is relative to other credit indicators.   Transcript for the episode: https://www.mercatus.org/bridge/podcasts/08052019/evan-koenig-feds-review-period-monetary-regimes-and-yield-curves   Evan’s Dallas Fed bio: https://www.dallasfed.org/research/economists/koenig.aspx Evan’s research profile: https://ideas.repec.org/f/pko435.html   Related Links:   *Like a Good Neighbor: Monetary Policy, Financial Stability, and the Distribution of Risk* by Evan Koenig https://www.ijcb.org/journal/ijcb13q2a3.pdf   *Credit Indicators as Predictors of Economic Activity: A Real-Time VAR Analysis* by N Kundan Kishor and Evan Koenig https://econpapers.repec.org/article/wlyjmoncb/v_3a46_3ay_3a2014_3ai_3a2-3_3ap_3a545-564.htm   *Methods of Policy Accommodation at the Interest-Rate Lower Bound* by Michael Woodford https://www.kansascityfed.org/publicat/sympos/2012/mw.pdf?sm=jh083112-4   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Cette sixième édition du podcast revient sur la conférence annuelle du réseau Tax Justice Network qui s’est tenue du 2 au 4 juillet 2019. Une occasion d’avoir un entretien avec Eva Joly, femme politique françaises et magistrat franco-norvégienne, qui partage avec nous quelques points d'histoire de la corruption des multinationales en Afrique   Comme intervenants et invités: Eva Joly, femme politique et magistrat franco-norvégienne, Ex-Euro-députée, membre des commissions Libertés publiques et TAX du Parlement européen Michael Woodford, célèbre lanceur d’alerte, ex-DG de la société japonaise Olympus Dr Louis Hervé Ngafomo, Directeur Afrique centrale du RICA Lucas Millan, expert du mo, et chercheur chez Tax Justice Network et co-auteur du Corporate Tax Haven Index

Gauti Eggertsson is a professor of economics at Brown University. Previously, he worked at the research departments at the International Monetary Fund and the Federal Reserve Bank of New York. He joins the show to discuss his work on the history of liquidity traps and extremely low and even negative interest rates. He and David discuss examples from the Great Depression to Japan in the 1990s to today. Gauti also shares his thoughts on the Fed’s quantitative easing (QE) program and why it failed to return the economy back to normal. David’s blog: http://macromarketmusings.blogspot.com/ Gauti’s Brown University homepage: https://sites.google.com/site/gautieggertsson/home David’s Twitter: @davidbeckworth Related links: “The Zero Bound on Interest Rates and Optimal Monetary Policy” by Gauti Eggertsson and Michael Woodford https://www.brookings.edu/bpea-articles/the-zero-bound-on-interest-rates-and-optimal-monetary-policy/ “Great Expectations and the End of the Depression” by Gauti Eggertsson https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr234.pdf “The Fed’s Dirty Little Secret” by David Beckworth http://people.wku.edu/david.beckworth/fed_dirty.pdf “Japan’s Trap” by Paul Krugman https://www.princeton.edu/~pkrugman/japans_trap.pdf

In this episode, our guests discuss their research related to LGBT discrimination on college campuses and the context in which heterosexual bystanders are most likely to intervene. They highlight the specific skills and attitudes that can be fostered to promote supportive heterosexual bystander involvement and inclusive environments for LGBT individuals.

In episode #215, Michael Woodford, former president and CEO of Olympus Corporation, is interviewed about his whistleblowing activities while serving at Olympus Corporation.

Zeinab Badawi speaks to the British businessman Michael Woodford, who rose to become chief-executive of one of the most iconic Japanese companies - the camera and medical equipment maker, Olympus. He then exposed fraud at the heart of its leadership and was sacked after 30 years of service. Three bosses of the Tokyo-based company subsequently admitted he was right and it emerged they had hidden $1.7 billion in investment losses, dating back to the 1990s. What does his case tell us about business culture, corporate scandals and whistle-blowing today?