"This study analyses the economic thought in Japan in the critical period from 1930 to 1945. It pays particular attention to how the contemporary Japanese received European and American ideas about the transformation of capitalism from a liberal to controlled or managed economy, and how they...

Government interventions in market failures can encounter objections from those who doubt their efficacy. Acocella, a leading expert on economic policy, counters these unfounded criticisms, making the convincing case for the foundation, coordination and reach of government action through...