Eleanor Hadley was a woman ahead of her time. While working on a Ph.D. in economics at Harvard, she was recruited by the U.S. government for her knowledge of Japanese zaibatsu (business combines) and subsequently became one of MacArthur's key advisors during the Occupation. After completing her doctorate, she prepared for a career in Washington until she learned she was being blacklisted. Seventeen years passed before Hadley's name was cleared; she returned to government service in 1967 and began a distinguished career as a senior policy analyst with the U.S. Tariff Commission and the General Accounting Office. Widely known (and feared) by Japanese businessmen and government leaders as "the trust-busting beauty," Hadley published Antitrust in Japan, a seminal work on the impact of postwar deconcentration measures, in 1970. She received the Order of the Sacred Treasure from the Japanese government in 1986. Hadley's personal story provides a colorful backdrop to her substantive discussions of early postwar policies, which were created to provide Japan with a more efficient and competitive economy. As someone closely involved in formulating U.S. economic policy toward Japan for nearly half a century, Eleanor Hadley brings a unique perspective--as well as a down-to-earth sense of humor--to the continuing challenge of communicating across the Pacific.

Before and during World War II, Japan's economy was controlled by power economic concentrations, large family holdings that passed from one generation to another, called zaibatsu. This book is a full assessment of the American postwar attempt to break up these powerful combines. Miss Hadley recounts both General Douglas MacArthur's efforts to implement the American occupation's antitrust policies and the Japanese government's resistance while it appeared to comply with zaibatsu dissolution. As the Cold War developed, American defense thinkers began to emphasize recovery rather than reform, and conservative American businessmen supported the abandonment of antitrust policy in Japan. The second half of the book examines the consequences of the antitrust measures and reaches conclusions which challenge prevailing Japanese and American views. Originally published in 1970. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Before and during World War II, Japan's economy was controlled by power economic concentrations, large family holdings that passed from one generation to another, called zaibatsu. This book is a full assessment of the American postwar attempt to break up these powerful combines. Miss Hadley recounts both General Douglas MacArthur's efforts to implement the American occupation's antitrust policies and the Japanese government's resistance while it appeared to comply with zaibatsu dissolution. As the Cold War developed, American defense thinkers began to emphasize recovery rather than reform, and conservative American businessmen supported the abandonment of antitrust policy in Japan. The second half of the book examines the consequences of the antitrust measures and reaches conclusions which challenge prevailing Japanese and American views. Originally published in 1970. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.