After the Financial Times buyout, let’s stop belittling Japan’s success | Eamonn FingletonOne key factor that has led foreign observers to go astray is ideology: because Japan does not believe in Adam Smith’s “invisible hand”, its economic workings are reflexively belittled by many anglophone correspondents. FT correspondents in particular have long been blind to the long-term efficacy of the Japanese higher bureaucracy’s agenda – an agenda that has focused particularly on developing t
