A History of Japanese Economic Thought (Nissan Institute by Morris-Suzuki

By Morris-Suzuki

Economics, within the smooth experience of the observe, used to be brought into Japan within the moment 1/2 the 19th century. besides the fact that, jap thinkers had already constructed, in the course of the 17th and eighteenth centuries, quite a few attention-grabbing ways to matters akin to the explanations of inflation, the price of exchange, and the function of the country in monetary task. Tessa Morris-Suzuki offers the 1st finished English language survey of the advance of financial concept in Japan. She considers how the research of neo-classical and Keynesian economics used to be given new impetus by way of Japan's 'economic miracle' whereas Marxist proposal, really good tested in Japan, was once constructing alongside strains which are basically now commencing to be well-known by means of the West. She concludes with an exam of the unconventional rethinking of primary fiscal thought presently occuring in Japan and descriptions a few of the intriguing new ways that are rising from this 'shaking of the principles.

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

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Like the Bansho Shirabesho Fukuzawa’s school initially concentrated on the teaching of foreign languages. In a matter of years, however, it had become a vehicle for the propogation of Fukuzawa’s vision of ‘civilization and enlightenment’ (bunmei kaika). During visits to the West in 1860, 1862, and 1867, Fukuzawa collected Western writings on physics, chemistry, mathematics, history, philosophy, and economics—including the American academic Francis Way land’s Elements of Political Economy —which he then introduced into the curriculum of Keiō.

The lectures that Nishi and Tsuda attended at Leiden University would have given them a relatively good introduction to the traditions of nineteenth-century European liberal thought. Vissering was among the most eminent Dutch economists of his day and was a recognized expert on French and British economic theories. Mill, Vissering had presented his inaugural address at Leiden University on the subject of ‘freedom as the basic principle in economies’ (Butter 1969:1221–6). The impact of this approach to economics was (as we shall see) very apparent in the views which Nishi and Tsuda expressed in their writings after their return to Japan.

Throughout, his fundamental aim remained unaltered and identical with the fundamental aim of those scholars and politicians who continued to call for the ‘expulsion of the barbarians’: it was, in other words, to ensure the strength and integrity of the Japanese nation. Shōnan’s pragmatic political philosophy, however, helped him to appreciate, more rapidly than some of his associates, that new means must be found to achieve this objective. Shōnan’s fully developed answer to the questions raised by the foreign menace was spelled out in his Three Principles of National Policy (Kokuze Sanron), written in 1860.

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