著者
Keith Tribe
出版者
The Japanease Society for the History of Economic Thought
雑誌
経済学史研究 (ISSN:18803164)
巻号頁・発行日
vol.49, no.1, pp.155-160, 2007-06-30 (Released:2010-08-05)
参考文献数
6

The modern market economy which we seek to build should have a decidedly social constitution. Its social character is based primarily on the fact that it is able to offer a greater and more varied quantity of goods at prices determined by the demands of the consumer, the resulting low prices raising the real value of wages and thereby permitting a greater and more extensive satisfaction of human needs.
著者
中井 大介
出版者
The Japanease Society for the History of Economic Thought
雑誌
経済学史研究 (ISSN:18803164)
巻号頁・発行日
vol.48, no.1, pp.46-62, 2006-06-30 (Released:2010-08-05)
参考文献数
37

While Henry Sidgwick may be best known as a moral philosopher and the author of The Methods of Ethics (1874), he made notable contributions spanning economics and other fields as well, one of them being The Principles of Political Economy (1883). Even now The Methods and its treatment of utilitarianism is recognized as an authoritative model for ethical theory, but his conclusion that there is a “dualism of practical reason” has generated a great deal of controversy. The relationship between these two works has not yet been fully analyzed in the scholarly and critical literature. In this paper I demonstrate that the structure of the argument in The Principles is closely related to The Methods.Sidgwick distinguishes economics as a Science (what is) from economics as an Art (what ought to be) based on two moral principles, egoism and utilitarianism, both explicated in The Methods. Sidgwick's Science/Art distinction is instantiated by his distinction between “economic man” and “ordinary man.” Economic man is an abstraction signifying economic behavior based on self-interest. In Sidgwick's argument, Science can employ the idea of economic man to objectively analyze a society where self-interested economic behavior is the norm. Ordinary man, on the other hand, is the ideal of economic behavior motivated by moral rules based on both self-interest and utilitarianism. Art defines those governmental activities desired in a society consisting of “ordinary men.”Self-interested economic activity does not necessarily achieve the preferred results. When it leads to monopoly, for example, it works to reduce social production. The dilemma of Sidgwick's “dualism of practical reason” is the generation of conflict between the outcome of economic man's behavior and the desired results of behavior by ordinary man. As I attempt to show here, in The Principles Sidgwick constructed a role for government that would resolve that problem. Furthermore, using the distinction between Science and Art, and introducing egoism and utilitarianism, Sidgwick tried to resuscitate the ideas of the classical school of political economy.
著者
岡田 章
出版者
経済学史学会
雑誌
経済学史研究 (ISSN:18803164)
巻号頁・発行日
vol.49, no.1, pp.137-154, 2007-06

This paper considers the history of game theory since von Neumann and Morgenstern published their monumental work The Theory of Games and Economic Behavior in 1944. It points out changes in research themes and discusses what game theory has achieved up to the present. The aim of von Neumann and Morgenstern was "to find the mathematically complete principles which define rational behavior for the participants in a social economy, and to derive from them the general characteristics of that behavior." Extending the theory of von Neumann and Morgenstern, Nash classified all games as either non-cooperative games or cooperative games and defined the notion of an equilibrium point for a non-cooperative game. Nash also suggested a research program, now called the Nash program, to analyze a coop erative game by constructing a non-cooperative game model for negotiations. The main field of game theory was cooperative games in the l950s and the 1960s. Thereafter, research trends in game theory in the 1970s and the 1980s shifted from cooperative games to non-cooperative games, led by the seminal works of Harsanyi on incomplete information games and Selten on perfect equilibrium in extensive games. This so-called non-cooperative revolution greatly promoted applications of non-cooperative game theory to economics. At the same time, researchers became increasingly dissatisfied with the strong assumption of rationality in traditional game theory, and consequently research interest turned toward two new fields in the 1990s. One is evolutionary game theory, developing out of evolutionary biology, and the other is behavioral game theory, which collaborates with psychology. Evolutionary game theory investigates dynamic processes of evolution and learning in economic behavior, and it reformulates game equilibrium as a stable stationary state of those dynamic processes. Behavioral game theory studies the structures of motivation, cognition, and reasoning in human decision-making using the methodology of experiments. This paper shows how present-day research in game theory is developing in divergent fields that consider both traditional theory based on unbounded rationality and behavioral theory exploring human bounded rationality. Game theory continues to be one of the most active research fields in economics.
著者
江頭 進
出版者
経済学史学会
雑誌
経済学史研究 (ISSN:18803164)
巻号頁・発行日
vol.53, no.2, pp.41-58, 2012-01-25

This paper aims to consider how the Chicago school of economics influenced the economic thought of Friedrich Hayek in his period at the University of Chicago, where he was a follower of the Committee of Social Thought from 1950 to 1962. This period is well known as "Hayek's transformation"-from a theoretical economist to a thinker of liberalism. Therefore, to understand the development of his thought, it is important to know who influenced him during this period. This paper will explore the relationship between Hayek and the members of the Committee of Social Thought, by analyzing his works, correspondence, and typescripts written during this period. On the one hand, the similarities and differences between Hayek's liberalism and that of the Chicago school are pointed out. Hayek and several economists of the Chicago school were members of the Mont Pelerin Society and were anti-communists. Despite the tendency to place both Hayek and the Chicago school under the general banner of anti-socialism or anti-Keynesianism, they actually diverged widely on points of methodology and liberalism. However, it is an inevitable consequence that different methodologies produce different economics, and the forms of liberalism based on these economics also differ.
著者
根本 志保子
出版者
経済学史学会
雑誌
経済学史研究 (ISSN:18803164)
巻号頁・発行日
vol.63, no.1, pp.1-22, 2021 (Released:2022-01-13)

This paper examined Teruo Ichiraku's(1906―1994)thoughts on co-operative societies and the economic aspects of his 'Ten Principles of teikei' formulated in 1978. Ichiraku held high-ranking positions in several co-operative organisations and founded the Japan Organic Agriculture Association in 1971. He was influenced by pre-Second World War Japanese cooperativism and peasantism. He found his co-operative ideal in the teikei system started by organic farmers and consumer groups, some of which were organised by Yoneo Okada, and supported it as an alternative to the capitalist market systems dominated by monetary values. The teikei system involves a direct partnership between producers and consumers, eliminating commercial distributions and building reciprocal face-to-face relationships. According to Ichiraku, Japanese agriculture was unjustly pulled into exchange economies by industrial policies after the Meiji Restoration. He argued that the agriculture sector should have the same footing as other sectors, and that agricultural products should not be commodities for anonymous individuals in the market for three reasons: food is a necessity; Japanese agriculture is practised by small families; and it doesn't allow farmers to determine the price, because the distribution processes are controlled by the commercial capitals. However, a personal relationship with partners enables the evaluation of agricultural products in use-value, independence from the price-determining features of commercial markets, and a 'no-lying' relationship with respect to the pricing and the use of pesticides and other harmful chemicals. Ichiraku encouraged 'a face-to-face sympathy based on humanity,' which underlay the 'Ten Principles of teikei,' to control human greed within the framework of mutual assistance ― the requirement for realising 'a fair society.' Compared with Japanese peasantism, teikei's uniqueness is that it stimulated consumers to buy and support agricultural products based on mutual understanding and reciprocity.