This book focuses on the so-called `Golden Age of Capitalism' the 1950s and 1960s, and studying prime-mover countries (the US and the UK), followers (Germany, France, and Italy), and latecomers (Japan and Korea). It addresses the crucial questions to be asked; what appropriate roles should government be assigned, and which government actions are useful public policy and which represent unnecessary and harmful intervention?About the Author: Hideaki Miyajima is Professor at the School of Commerce, Waseda University, Japan. Takeo Kikkawa is Professor at the Institute of Social Science, University of Tokyo, Japan. Takashi Hikino is at the School of Economics, Kyoto University, Japan.