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Re: Re: Re: Japan



Another question.  Haven't all of the economic "miracles" fizzled.  I,
too, was under the impression that the Japanese bureaucrats were clever,
thinking that there was an exception to the miracle rule.


Oh, the bureaucrat of MITI were quite clever--and very interested in promoting economic development. But even during the heyday of the Japanese miracle there were a lot of other bureaucrats regulating agriculture, retail trade, finance, and so on who were clever too but not that interested in promoting economic development...


Brad DeLong




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