https://www.econlib.org/library/Enc1/JapanandtheMythofMITI.h...
The article notes much more foundational properties of the booming Japanese economy, like a smaller portion of private sector output being taxed to support the public sector, as more likely causes of its growth.
https://www.econlib.org/library/Enc1/JapanandtheMythofMITI.h...
The article notes much more foundational properties of the booming Japanese economy, like a smaller portion of private sector output being taxed to support the public sector, as more likely causes of its growth.