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Traditionally it was understood that while Marshall was the
synthesizer of neoclassical economics, Schumpeter challenged the
dynamic conception of the economy in place of the static structure
of economics. While historians of economic thought rarely discuss
the work of Alfred Marshall and Joseph Schumpeter jointly, the
contributors to this book do exactly this from the perspective of
evolutionary thought. This unique and original work contends that,
despite the differences between Marshallian and Schumpeterian
thinking, they both present formidable challenges to a broad type
of social science beyond economics, particularly under the
influence of the German historical school. In a departure from the
received view on the nature of the works of Marshall and
Schumpeter, the contributors explore their themes in terms of an
evolutionary vision and method of evolution; social science and
evolution; conceptions of evolution; and evolution and capitalism.
This timely resource will provide a stimulus not only to Marshall
and Schumpeter scholarship within the history of economic thought
but also to the recent efforts of economists to explore a research
field beyond mainstream equilibrium economics. It will therefore
prove a fascinating read for academics, students and researchers of
evolutionary and heterodox economics and historians of economic
thought.
What is the purpose of the economy? To answer this intriguing and
fundamental question, this book provides a systematic approach to
economic ethics and constructs a relationship between the economy
and morality; it expounds theoretical and practical issues of
economic philosophy along two dimensions: values and institutions.
On the dimension of values, Yuichi Shionoya explores the
connections between the economy and morality by reconstructing a
coherent system of ethics that coordinates the 'good, right, and
virtue'. Based on this system of ethics, the book goes on to
discuss the dimension of institutions and presents the philosophy
of the welfare state, consisting of a tripartite contemporary
institution of 'capitalism, democracy, and social security'.
Economy and Morality is a remarkable contribution to economic
ethics exploring key philosophical issues including efficiency
versus justice and liberty versus excellence. Its unique emphasis
is the economics of virtue, which is concerned with the virtuous
utilization of economic resources for human development, and
applied to the reform of the welfare state. Economists,
philosophers and scholars of social policy and the welfare state
will all find this book of great interest - part of its appeal
lying in its interdisciplinary approach to contemporary economic,
political and social systems based on the synthesis of moral
values.
With the increasing acceptance of evolutionary and institutional
thinking among economists, general interest in the German
Historical School has risen steadily during the last decade. This
book traces the development and transformation of the School,
covering its leading figures such as Adam Muller, Wilhelm Roscher,
Karl Knies and Lujo Brentano.
Contents: Introduction Uichi Shionoya 1. Rational Reconstruction of the German Historical School: an Overview Yuichi Shionoya 2. Adam Muller's "Agronomische Briefe" Tetsushi Harada 3. A Lecture Notebook of Wilhelm Roscher with Special Reference to his Published Works Yukihiro Ikeda 4. Karl Knies's Conception of Political Economy: the Logical Status of Analogie and Sitte Jun Kobayashi 5. Lujo Brentano on the Compulsory Insurance System for Workers in Germany Sachio Kaku 6. Anonymous History in Austrian Economic Thought: from Carl Menger and Anton Menger to Friedrich Von Wiesner Kiichiro Yagi 7. Gustav Von Schmoller and Werner Sombart: a Contrast in the Historico-Ethical Method and Social Policy Shin'ichi Tamura 8. Max Weber and the Critical Succession of the German Historical School Kazuhiko Sumiya 9. Joseph Schumpeter on the Relationship Between Economics and Sociology from the Perspective of Doctrinal History Yuichi Shionoya 10. Lujo Brentano, Alfred Marshal, and Tokuzo Fukuda: the Reception and Transformation of the German Historical School in Japan Tamotsu Nishizawa 11. The Impact of German Ecomomic Thought on Japanese Economists Before World War II Osamu Yanagisawa 12. Walter Eucken and Wilhelm Ropke: a Reappraisal of Economic Thought and the Policy of Ordoliberalism Naoshi Yamawaki 13. The Economic Reconstruction Plan of Alfred Muller-Armack: What is the Social Market Economy? Makoto Tezuka
It was at the fifth SEEP-Conference on Economic Ethics and
philosophy in autumn 1997 that the organizational work of the
seventh conference in 1999 was entrusted to the editors of this
volume. Prof. Peter Koslowski, series editor of The Studies in
Economic Ethics and Philosophy, SEEP, expressed the hope that the
SEEP-Conference be held in the Far-East for the fist time would
bring a new comparative aspect to economic ethics and philosophy.
Further, the agenda of economic ethics seemed to increase its
significance also in Japan and other Asian countries especially due
to the spread of corruption in the government and business under
the financial crisis that attacked these nations in the late 1990s.
Though we chose "Com petition, Trust, and Cooperation" as the
general theme of the conference, this should include the collusion,
distrust, and corruption as the opposite side of the medal. The
conference was held on March 10-12, 1999 at the Kansai Seminar
House of the Nippon Christian Academy, Kyoto, Japan. Fourteen
papers were submitted to the conference. In addition to twelve
papers that are printed in this volume, Prof. Ruisheng Wang
(Capital Normal University, Beijing) read his paper on ethical
problems in the context of Asian financial crisis and Prof. Agnar
Sandmo (Norwegian School of Economics and Busi ness Administration)
did the same by his paper on societal aspect of the competition
promotion policy."
Economics makes the incommensurable commensurable by money prices.
On the other hand, there are varieties of goodness like the ethical
that seem not to fit into the scale of prices of economics, but
cannot be neglected in economizing. Ways of integrating ethics into
economics must therefore be found. The aim of this book is the
integration of the ethical discourse into the economic discourse
about the economical and efficient. It investi gates into the
structure of goodness. The contribution of this volume to the
current debate in economic ethics and business ethics lies in its
analysis of the different meanings of the good and in its
reflection on the possibilities of implementing ethical goods into
the practice of the economist and the manager of the firm. Its
essays investigate the role of ethics in social and individual
choice. They examine and compare the cultural determinants of the
Western and the Japanese economies, their ethical and cultural
foundations. They look into the principles of good management. How
can the management incorporate human goods and consider the virtues
of impartiality and of due consideration to the particular in its
business practice? The book develops the idea of an ethical
economizing in economics and of an ethical managing in business
administration. The business of business is ethical business."
This volume is a collection of my essays on Gustav von Schmoller
(1838- 1917), Max Weber (1864-1920), and Joseph Alois Schumpeter
(1883-1950), published during the past fifteen years. These three
intellectual giants are connected with the German Historical School
of Economics in different ways. In the history of economics, the
German Historical School has been described as a heterodox group of
economic researchers who flourished in the Germ- speaking world
throughout the nineteenth century. The definition of a "school" is
always problematic. Even if the core of a certain idea were
identified in the continuous and discontinuous process of the
filiation and ramification of thought, it is still possible to
trace its predecessors, successors, and sympathizers in different
directions, creating an amorphous entity of a school. It is beyond
question, however, that Schmoller was the leader of the younger
German Historical School, the genuine school with a sociological 1
reality. Schmoller was indeed the towering figure of the Historical
School at its zenith.
This volume is a collection of my essays on Gustav von Schmoller
(1838- 1917), Max Weber (1864-1920), and Joseph Alois Schumpeter
(1883-1950), published during the past fifteen years. These three
intellectual giants are connected with the German Historical School
of Economics in different ways. In the history of economics, the
German Historical School has been described as a heterodox group of
economic researchers who flourished in the Germ- speaking world
throughout the nineteenth century. The definition of a "school" is
always problematic. Even if the core of a certain idea were
identified in the continuous and discontinuous process of the
filiation and ramification of thought, it is still possible to
trace its predecessors, successors, and sympathizers in different
directions, creating an amorphous entity of a school. It is beyond
question, however, that Schmoller was the leader of the younger
German Historical School, the genuine school with a sociological 1
reality. Schmoller was indeed the towering figure of the Historical
School at its zenith.
This book is the result of the first SEEP (Studies in Economic Ethics and Philosophy) conference that was held in Asia. First, the Western tradition is reinterpreted and restated by the two editors with their diversified perspective of virtue ethics and communicative ethics. Then, new approaches such as "critical realism", "reciprocal delivery", "evolutionary thought" and "cultural studies" are applied to understand ethical problems in economics. Further, in contrast to the reassessment of Scottish moral philosophy and German Romanticism, Chinese, Japanese, and Korean ethical thinking is examined under the modern perspective. This book does not miss the reflections on current problems around the penetration of corruption and the primacy of shareholders' value in the field of business.
This book is a comprehensive investigation of the work of Joseph
Alois Schumpeter (1883-1950), one of the great economists of the
twentieth century. In this study, Yuichi Shionoya highlights
Schumpeter's methodological views and emphasizes his ideal of a
universal social science. Taking on board all aspects of his work,
he reconstructs a system which encompasses theory (economic
statics, economic dynamics, economic sociology) and metatheory
(philosophy of science, history and sociology of science). The
originality of Schumpeter's work - which the author calls the
two-structure approach to the evolution of mind and society - is
examined in the light of the intellectual field in Germany and
Austria in the early twentieth century. This book is a major
contribution to the history of economic thought.
This book provides a unified and comprehensive analysis of the work of Joseph Alois Schumpeter (1883-1950), the world-famed economist ranked with John Maynard Keynes. Although Schumpeter is well known for his work on economic development and innovation, his aim to construct a universal social science addressing the evolution of mind and society is usually ignored. A major contribution to the history of economic thought, this book will be the standard of Schumpeter scholarship for years to come.
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