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Capital as will and imagination : Schumpeter's guide to the postwar Japanese miracle
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ISBN: 0801451795 1322505233 0801467918 080146790X 9780801467912 9780801451799 Year: 2013 Publisher: Ithaca, NY : Cornell University Press,

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With this book, Mark Metzler continues his investigation into the economic history of twentieth-century Japan that he began in Lever of Empire. In Capital as Will and Imagination, he focuses on the successful stabilization of Japanese capitalism after the Second World War. How did a defeated and heavily damaged nation manage reconstruction so rapidly? What economic beliefs resulted in the "miracle" years of high-speed economic growth? Metzler argues that the inflationary creation of credit was key to Japan's postwar success-and its eventual demise due to its instability over the long term.To prove his case, Metzler explores heterodox ideas about economic life , in particular Joseph Schumpeter's realization that inflation is intrinsic to capitalist development. Schumpeter's ideas, widely ignored within standard American neoclassical economic theory, were shaped by his experience of Austria's reconstruction after 1918. They were highly influential in Japan, and Metzler traces their impact in the period from the Allied Occupation, starting in 1945, through the Income Doubling Plan of 1960. Japan after defeat, Metzler argues, illustrates the critical importance of inflationary credit creation for increased production.

Lever of empire
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ISBN: 9786612357664 0520931793 1282357662 1598759302 0520244206 9780520931794 1423745477 9781423745471 9780520244207 9781598759303 9781282357662 Year: 2006 Publisher: Berkeley University of California Press

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This book, the first full account of Japan's financial history and the Japanese gold standard in the pivotal years before World War II, provides a new perspective on the global political dynamics of the era by placing Japan, rather than Europe, at the center of the story.

Keywords

Money --- Currency question --- Gold standard --- Monetary policy --- Liberalism --- History. --- Inoue, Junnosuke, --- Takahashi, Korekiyo, --- Liberal egalitarianism --- Fiat money --- Free coinage --- Monetary question --- Scrip --- 高橋是清, --- 高橋是淸, --- Inouye, Junnosuke, --- 井上準之助, --- 井上凖之助, --- J4562 --- J4560.80 --- -Currency question --- -Gold standard --- Exchange standard, Gold --- Gold exchange standard --- Standard, Gold --- Japan: Economy and industry -- finance -- money --- Japan: Economy and industry -- finance -- history -- Gendai (1926- ), Shōwa period, 20th century --- Inoue, Junnosuke, 1869-1932 --- Takahashi, Korekiyo, 1854-1936 --- Liberty --- Political science --- Social sciences --- Currency crises --- Finance --- Finance, Public --- Legal tender --- J2284.70 --- J4300.70 --- History --- Japan: Genealogy and biography -- biographies -- kindai (1850s- ), bakumatsu, meiji, taishō --- Japan: Economy and industry -- history -- Kindai (1850s- ), bakumatsu, Meiji, Taishō --- Japan --- Inoue, Junnosuke --- Takahashi, Korekiyo --- Inoue, Junnosuke, -- 1869-1932.. --- Takahashi, Korekiyo, -- 1854-1936.. --- Money -- Japan -- History.. --- Currency question -- Japan -- History.. --- Gold standard -- History.. --- Monetary policy -- Japan -- History.. --- Liberalism -- Japan -- History. --- Gaoqiao, Shiqing, --- asian history. --- business and finance. --- deflation. --- depression. --- east asian history. --- economic policy. --- economics. --- edo. --- empire. --- fascism. --- financial history. --- global politics. --- gold and currency. --- gold standard. --- government policy. --- history. --- imperial japan. --- imperial state. --- imperialism. --- japan. --- japanese empire. --- liberalism. --- london. --- modern japan. --- money. --- nonfiction. --- political extremism. --- politics. --- us isolationism. --- world war two. --- ww2. --- Chōsen Kōgei Kenkyūkai (Japan)

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