Steven K. Vogel is the Il Han New Professor of Asian Studies and a professor of political science at the University of California, Berkeley. He specializes in the political economy of the advanced industrialized nations, especially Japan. He is the author of Japan Remodeled and Freer Markets, More Rules.
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Modern-day markets do not arise spontaneously or evolve naturally. Rather they are crafted by individuals, firms, and most of all, by governments. Thus 'marketcraft' represents a core function of government comparable to statecraft and requires considerab... SEE MORE