By Eleanor M. Hadley
Eleanor Hadley was once a lady sooner than her time. whereas engaged on a Ph.D. in economics at Harvard, she used to be recruited through the U.S. govt for her wisdom of eastern zaibatsu (business combines) and hence grew to become one in every of MacArthur's key advisors throughout the career. After finishing her doctorate, she ready for a occupation in Washington till she realized she was once being blacklisted. Seventeen years handed sooner than Hadley's identify used to be cleared; meanwhile she labored in social provider agencies and taught economics at Smith collage. She lower back to executive carrier in 1967 and commenced a exceptional occupation as a senior coverage analyst with the U.S. Tariff fee and the final Accounting workplace. widely recognized (and feared) through eastern businessmen and govt leaders as "the trust-busting beauty," Hadley released Antitrust in Japan, a seminal paintings at the effect of postwar deconcentration measures, in 1970. She acquired the Order of the! Sacred Treasure from the japanese govt in 1986.
Hadley's own tale offers a colourful backdrop to her noticeable discussions of early postwar rules, that have been created to supply Japan with a extra effective and aggressive economic climate. As a person heavily concerned about formulating U.S. fiscal coverage towards Japan for almost part a century, Eleanor Hadley brings a distinct perspective--as good as a down-to-earth feel of humor--to the ongoing problem of speaking around the Pacific.
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Extra resources for Memoir of a trustbuster: A lifelong adventure with Japan
Example text
Prewar Experiences The Japanese army and its bombers did a thoroughly effective piece of work in crushing Nanking. From Chiang’s capital and symbol of a reuniting China, it is now reduced to 300,000 refugees too poor to leave, empty government buildings, and razed homes. It was my first experience of being in an annihilated city. ’s structures, had withstood heavy bombardment. A gaping wall, a crushed roof, but nevertheless the buildings remained. Little is left, however, of the shopping district.
The typical monthly wage of a Japanese city worker in industry at the time was about 70 yen (if male; about half of that if female). It was all excitement and thrills that summer as I read Lafcadio Hearn about Japan and prepared for departure in the fall of 1938. Although Pan American Airways had begun service across the Pacific while I was in college, flying was far more expensive than to go by ship. So, of course, I went by ship. As I had two great-aunts and a cousin in Honolulu, I decided to go to Japan by way of the islands.
In China, I was fascinated to see how different the Chinese people are from the Japanese. Their strong sense of individualism was striking after Japan’s emphasis on the group. And Chinese eating habits were amazing. While the food was delicious, even in elegant restaurants it was served with no decorum. And in ordinary restaurants people might spit on the floor what they did not like. Staying as we did in the International Settlement (the section of Shanghai that at the time was controlled by Great Britain and the United States), we had a strong sense of colonialism.