Ideological Foundations of Japan’s Economic Policy (1955–1973)

During the period of “miraculous” economic growth, the Japanese Government directly or indirectly intervened in the economy through various channels. During this period, it is easy to see the influence of economists on the economic policy making of the Japanese Government. This article explores and analyzes some economic ideas that have had a great influence on the economic policy making of Japan during this period, such as Marxist economics, Keynesian economics and Schumpeterian economics.