Abstract:
The book describes long term trends and economic evolution. This enables getting the right perspective of economy trends, while concentrating on short term changes might mislead and distort the understanding of overall trends. Only a comprehensive view and a full understanding of the economy and how it evolved can lead to right decisions. The economies of USA and Japan are hereby broadly explored describing those economies nowadays and the historic events that led to current situation. This is an attempt to understand the role of small and midsize sector based on economic as well as on sociological background, as the two are interconnected.