Saturday, April 14, 2012

Meiji Industrialization

Lord Keynes has a wonderful post on Japanese industrial policy during the Meiji period, here. Definitely a must read.


  1. Thanks for the link, John!

    Very interesting read. Import-substitution is apparently not the doomed policy all too many neoliberals want to make it out to be...

  2. Hello Matthew,

    Thank you for the comment. Yes, I would say that there is a chasm between economic history and neoliberal doctrine. That may be why economic history has been dropped as a course offering from many economics departments.