When there was a rise of antigrowth thinking around 1970 many people argued that postwar Japan had been preoccupied with rapid economic growth at the sacrifice of welfare and that henceforth welfare rather than growth should be emphasized. (u1/u) In this paper I shall examine the meaning of the...

The task I assign to myself in this paper is a survey of major studies on the Japanese economy published in the postwar years by modern Japanese economists.

An economist can contribute to the welfare of the society through various means. First, he may be engaged in abstract research which eventually brings fruits to society. Second, he may do empirical research whose results directly or indirectly affect public opinion and public policy. Third, he...