A History of Japanese Economic Thought (Nissan Institute Routledge Japanese Studies Series)

Economics, in the modern sense of the word, was introduced into Japan in the second half of the nineteenth century. However, Japanese thinkers had already developed, during the seventeenth and eighteenth centuries, a variety of interesting approaches to issues such as the causes of inflation, the value of trade, and the role of the state in economic activity. Tessa Morris-Suzuki provides the first comprehensive English language survey of the development of economic thought in Japan. She considers how the study of neo-classical and Keynesian economics was given new impetus by Japan's 'economic miracle' while Marxist thought, particularly well established in Japan, was developing along lines that are only now beginning to be recognized by the West. She concludes with an examination of the radical rethinking of fundamental economic theory currently occuring in Japan and outlines some of the exciting new approaches which are emerging from this 'shaking of the foundations. Book Cover......Page 1 Half-Title......Page 2 Title......Page 4 Copyright......Page 5 Contents......Page 6 Acknowledgements......Page 7 Introduction Japanese and Western economic thought......Page 8 THE ECONOMIC ENVIRONMENT......Page 13 THE CONFUCIAN HERITAGE......Page 16 AGRICULTURE AS THE BASIS OF THE ECONOMY: KUMAZAWA BANZAN (1619–91)......Page 19 INNOVATIONS IN CONFUCIAN ECONOMIC THOUGHT: ARAI HAKUSEKI (1657-1725), OGYU SORAI (1666-1728), AND DAZAI SHUNDAI (1680-1747)......Page 22 THE VALUE OF COMMERCE: ISHIDA BAIGAN (1685–1744)......Page 29 EXCHANGE AS THE MEASURE OF ALL THINGS: KAIHO SEIRYO (1755–1817)......Page 33 A VISION OF THE STATE-CONTROLLED ECONOMY: SATONOBUHIRO (1769–1850)......Page 36 THE OPENING OF FOREIGN TRADE: YOKOI SHONAN (1809–69)......Page 39 CONCLUSIONS......Page 43 2 The introduction of Western economic thought: from the Meiji Restoration to the First World War......Page 45 THE MEIJI POLITICAL AND ECONOMIC REFORMS......Page 46 MEIJI EDUCATION AND ECONOMIC THOUGHT......Page 47 WESTERN ECONOMIC TEXTS IN JAPAN......Page 49 THE INFLUENCE AND LIMITATIONS OF LIBERAL ECONOMICS......Page 54 PROTECTIONISM......Page 57 THE ASSOCIATION FOR THE STUDY OF SOCIAL POLICY......Page 60 THE SOCIAL POLICY THOUGHT OF KANAI NOBURU (1865–1933) AND FUKUDA TOKUZO (1874–1930)......Page 63 CONCLUSIONS......Page 66 INTER-WAR JAPAN: ECONOMIC GROWTH AND POLITICAL REPRESSION......Page 68 MARXISM AND JAPANESE ECONOMIC THOUGHT......Page 69 THE MARXIST ECONOMICS OF KAWAKAMI HAJIME (1879–1946) AND KUSHIDA TAMIZO (1885–1934)......Page 72 THE KOZA SCHOOL ANALYSIS OF JAPANESE CAPITALISM: NORO EITARO (1900–34) AND YAMADA MORITARO (1897–1980)......Page 76 THE RONO SCHOOL’S ALTERNATIVE ANALYSIS: TSUCHIYA TAKAO (1896– ) AND SAKISAKA ITSURO (1897–1985)......Page 80 KOIZUMI SHINZO (1888–1966) AND THE CRITIQUE OF MARXISM......Page 82 THE INFLUENCE OF NEO-CLASSICAL ECONOMISTSIN INTER-WAR JAPAN: NAKAYAMA ICHIRO (1998-1980) AND TAKATA YASUMA (1883-1972)......Page 85 ECONOMICS AND MILITARISM: TAKAHASHI KAMEKICHI (1891–1977) AND KITA IKKI (1883–1937)......Page 87 ECONOMIC RESEARCH IN WARTIME JAPAN......Page 91 4 Post-war Marxian economics......Page 95 THE OCCUPATION AND THE JAPANESE ECONOMY......Page 96 POST-WAR DEBATES ON JAPANESE CAPITALISM......Page 98 MATHEMATICS AND MARXISM: KOSHIMURA SHINZABURO (1907– ) AND OKISHIO NOBUO (1927– )......Page 102 UNEQUAL EXCHANGE: NAWA TOICHI (1906– )......Page 104 THE ECONOMIC THOUGHT OF UNO KŌZŌ (1897–1970)......Page 106 THE ANALYSIS OF CONTEMPORARY CONDITIONS: OUCHI TSUTOMU (1918– ) AND OSHIMA KIYOSHI (1913– )......Page 110 THE ECONOMICS OF STRUCTURAL REFORM: NAGASU KAZUJI (1919– )......Page 114 JAPANESE MARXIAN ECONOMICS REASSESSED......Page 117 ECONOMISTS AND THE GROWTH PROCESS......Page 119 MODERN ECONOMICS AND THE AMERICAN INFLUENCE......Page 123 PRIVATE INVESTMENT AND HIGH GROWTH: SHIMOMURA OSAMU (1910– )......Page 124 FROM CRITIQUE OF THE SHIMOMURA THESIS TOINTERPRETATION OF THE ECONOMIC MIRACLE: SHINOHARA MIYOHEI (1919- )......Page 127 PLANNING AND ECONOMIC DEVELOPMENT: OKITA SABURO (1914– )......Page 130 FOREIGN TRADE AND ECONOMIC GROWTH: KANAMORI HISAO (1924– ) AND KOJIMA KIYOSHI (1920– )......Page 134 NEO-CLASSICAL THEORY AND THE CRITIQUE OF JAPANESE ECONOMIC POLICY: KOMIYA RYUTARO (1928– )......Page 137 OLIGOPOLY AND INDUSTRIAL GROWTH: MIYAZAKI YOSHIKAZU (1919– )......Page 139 BEYOND GNP: TSURU SHIGETO (1912– )......Page 142 THE COLLAPSE OF THE NEO-CLASSICALKEYNESIAN SYNTHESIS......Page 145 MONETARISM IN JAPAN: SUZUKI YOSHIO (1913– ) AND SHIMPO SEIJI (1945– )......Page 147 ADMINISTRATIVE REFORM VERSUS DOMESTIC DEMAND EXPANSION......Page 149 THE CRISIS OF ECONOMIC THEORY......Page 152 THE ECONOMICS OF DIVERSITY: MORISHIMA MICHIO (1923– )......Page 154 ENVIRONMENTAL CRISIS AND THE THEORY OF SOCIAL CAPITAL: MIYAMOTO KENICHI (1930– )......Page 158 THE ECONOMICS OF DISEQUILIBRIUM: UZAWA HIROFUMI (1928– )......Page 160 SOCIAL VALUES AND INDUSTRIAL GROWTH: MURAKAMI YASUSUKE (1931– )......Page 163 THE INFORMATION NETWORK SOCIETY: IMAI KENICHI (1931– )......Page 167 TECHNOLOGY AND ECONOMIC THOUGHT: SAWA TAKAMITSU (1942– )......Page 170 CONCLUSIONS......Page 173 BIBLIOGRAPHY......Page 175 THE NISSAN INSTITUTE/ ROUTLEDGE JAPANESE STUDIES SERIES......Page 185 Index......Page 187 Traces the principal currents in Japanese economic thought since the first half of the 19th century and shows how these currents have been influenced by the changing economic and social environment within Japan.