Backyard Coffee and Jazz in Kyoto

> on the vibrant business and street culture in Japanese cities and the seemingly very, very low barriers to entry for regular people to participate.

An astute observation that allowing markets to operate without onerous licensing schemes and regulations often has wonderful upsides, allowing quirky and niche interests to survive and even flourish.

A similar situation was true of Melbourne's small bar scene vs Sydney's. Sydney's more expensive/onerous licensing requirements were prohibitive for tiny bars. Whereas Melbourne's licensing was more permissive and less expensive, resulting in an abundance of quirky and interesting venues. Possibly my favourite example was a tiny indy video game bar (it shut down during covid, I think). https://barsk.com.au/skgames/?p=done

One of the most known examples happened in Germany after WWII.

After the war Germany had lost quite a lot of businesses, infrastructure, industry and farming. Also obviously lots of manpower. Produce was scarce and inflation was extremely high, so it was actually quite difficult to purchase anything even though people had money. the Allied Forces introduced price control on almost all essential good in order to stop inflation. That obviously did not work at all and most goods were actually traded in the black market, so you could actually buy bread by paying with cigarettes.

A German economist, Ludwig Erhardt advised to remove all price and legal controls and to replace the old mark by a new one, but the Allied Forces only agreed to the latest, so a new currency was introduced, the Deutsche Mark, replacing the old Reichsmark. That had no effect whatsoever. However, Mr. Erhardt, from his position as Director of Economic Administration, decided unilaterally to remove of the price fixing and other regulations. And literally overnight, German streets filled with sudden and unplanned pop up markets, everyone started to sell anything they didn't need, just by the street or from their front yard.

In 1949 Erhardt became Minister of Economy for 14 years, and later, in 1963, Chancellor.