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1 An Economy in Transition 2 The Economy in the Twentieth Century 3 Japan as Number Three: Long-Term Productivity Problems 4 Investment 5 Basic Research and Science 6 International Capital Flows 7 The Long-Run Behavior of the Yen 8 Japan's Foreign Direct Investment in the United States 9 Foreign Direct Investment in Japan 10 U.S.-Japan Relations Viewed through Events Data 11 Structural Change and Adaptation 12 Deregulation in Aviation 13 Is Japan an Outlier? 14 America's Images of Japan 15 Revisionism Revisited 16 Long-Term Prospects