In this ground-breaking book, leading commentators on the Japanese economy analyse both the immediate and deep-seated causes that make a sustained economic recovery in Japan problematic. They debate the deep-rooted structural causes of Japan's decline and assess Japan's faltering financial...

In 1969 Don Patinkin responded to a 1956 claim made by Milton Friedman concerning the 'oral tradition' at Chicago in the thirties and forties. Friedman's seemingly innocuous remark initiated a debate over an apparent characterisation of a school of thought rather than any specific theoretical or...