From Foot Soldier to Finance Minister: Takahashi Korekiyo, Japan’s Keynes
Richard J. Smethurst
From his birth in the lowest stratum of the samurai class to his assassination at the hands of right-wing militarists, Takahashi Korekiyo (1854-1936) lived through tumultuous times that shaped the course of modern Japanese history. Takahashi is considered "Japan's Keynes" in many circles because of the forward-thinking (and controversial) fiscal and monetary policies--including deficit financing, currency devaluation, and lower interest rates--that he implemented to help Japan rebound from the Great Depression and move toward a modern economy.
Richard J. Smethurst's engaging biography underscores the profound influence of the seven-time finance minister on the political and economic development of Japan ... Read more
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