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Japanese Civilization (Part 14).
(From Journal of Japanese Trade & Industry (JJTI))
Byline: Kawakatsu Heita
The role of economics is to analyze the present. Value-neutrality is indispensable to economics, just as it is to any other branch of academia. But as members of civil society, economists are also called upon to analyze the present in order to improve it. That underlying motive is necessary in order to achieve a deeper understanding of issues that have a bearing on the present. The present is situated smack-dab in the middle of the "past-present-future" timeline. The present is historical reality - nothing more, nothing less - therefore, analyses of the current situation done by ...
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