Chinese Classic Economics

Modern economics come from western countries. They are the mirrors of the economic conditions of these countries and the way they talk about economic phenomena is under the logic of western philosophy. But in fact, as a culture of long history, China has its own "e;classic economics"e;, though it hides behind modern context. The author re-discovers the Chinese classic economics from scriptures and historical records. This book not only contains the academic explanation of a long forgotten economic theory system but also offers us a new prospect to understand the modern world.This area this book covers is unique and totally new. People always consider economics is rather young. But in fact, economic thoughts, which influenced by many different aspects, exist for a long time. This book tries to re-discover the long hidden economic thoughts in ancient Chinese culture. It provides us a new way to understand the model and the unique patterns of modern China's economic behavior.Whenever we refer to economics, whether economics of Adam Smith, Keynes or even Karl Marx, we are always referring to something "e;western"e;. There are few books talking about the economic thoughts in ancient China. This book has few competitors. It will appeal to a worldwide audience of students and scholars of economics.This area this book covers is unique and totally new. People always consider economics is rather young. But in fact, economic thoughts, which influenced by many different aspects, exist for a long time. This book tries to re-discover the long hidden economic thoughts in ancient Chinese culture. It provides us a new way to understand the model and the unique patterns of modern China's economic behavior.Whenever we refer to economics, whether economics of Adam Smith, Keynes or even Karl Marx, we are always referring to something "e;western"e;. There are few books talking about the economic thoughts in ancient China. This book has few competitors. It will appeal to a worldwide audience of students and scholars of economics.

This volume comprises twelve papers written by Chinese scholars on various aspects of the history of ancient Chinese economic thought. The contributions are preceded by an introduction which gives an overview of the development of the subject of history of economic thought in China, and which also provides an historical context to the individuals who constitute the major "schools" of ancient Chinese economic thought. The authors of the papers are leading scholars who have dominated this research area since the founding of New China in 1949, while the broad range of topics covered by the contributions includes questions of methodology, detailed and sometimes controversial interpretations of texts and "schools", and the international influence and modern relevance of ancient Chinese thought. A recurrent theme is that ancient Chinese thought has at least as much to offer to the historian as ancient Western thought. As the first such volume of papers to be translated into English, this collection provides a unique opportunity for non-Chinese readers to sample the way in which Chinese historians of economics have attempted to understand their own intellectual heritage. This book will be relevant to scholars interested in the history of economic thought, economic history and Chinese studies.

This book is about mutual influences of thinking about economic development in China and in the West, from the 18th century until the present. Its chapters are contributed by development economists and historians of thought from China and other parts of the world. The book describes important stages in the evolution, cross-fertilization and contextual modification of ideas about economic order, development and institutional change. It illustrates how Western concepts and theories have been adopted and adapted to Chinese conditions in different waves of modernization from the late 19th century until the present and that this was and is no one-way traffic. The book examines to what extent pre-classical thinking in the West, in particular French Physiocracy in mid-18th century, was influenced by China as an ideal and a source of ideas, at a time when China was the largest and most advanced economy in the world. It discusses to what extent different approaches of modern Western-style economics, in particular in the fields of development economics and institutional economics, can be used to understand the rapid transitions and developments of the Chinese economy in recent decades, and to what extent they need to be modified in the light of new experiences and insights. Against this background, several contributions to the volume provide assessments of the current state of economic science and teaching in China, in particular with regard to Chinese views on Western economics. The book should be of interest to those who are interested in the economic history of China.

Excerpt from Readings in Economics for China, Selected Materials With Explanatory Introductions This book has grown out of the work of the classroom and it is intended for the classroom. It does, however, deal with subjects in which the public has a lively interest and it is hoped that it may be of service to general readers both Chinese and foreign. Information about economic conditions in China is furnished and, in addition, an attempt has been made to provide material that will make possible constant comparison of the East with the West and of one Eastern country with another. It is this material for comparison that is one of the chief reasons for hoping that a book by a Westerner will be really useful and will be favorably received in the educational institutions of China. It is frequently said that China is a republic in name only. This statement is true enough as far as it goes, but it has been made so frequently that the repetition of it is likely to obscure the fact, no less important, that the Chinese people have put behind them the autocratic political methods and organization of the past. China cannot, in all probability, go back to autocratic political methods: she must go forward to something. Even if the Chinese people could go back to autocratic government it would help them only temporarily, if it helped them at all. Autocracy is deceptive for it gives the people a false sense of security. There seems to be no way in which the people of any country can put off indefinitely the task of finding for themselves the political organization that will enable them to live at peace. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This book examines at a static level how Adam Smith's The Wealth of Nations (1776) was introduced into China at the turn of the twentieth century. In a dynamic socio-economic context, Yan Fu (1854-1921) had The Wealth of Nations in mind as a prescription for China's "Wealth and Power". This book aims answer the question of whether The Wealth of Nations, a book which advocates laissez-faire, free trade, and minimum governance helpful for China with very different economic conditions and modes of thought to the West and goes on to reexamine Yan Fu's economic ideas through a modern economics perspective.

' This book provides a comprehensive overview of the fruitful achievement of China''s Quantitative Economics during the past 30 years, assembling pioneering contributions of prominent quantitative economists in China. It chronicles significant events and the detailed evolution of Quantitative Economics in China. This well-organized book is a must-have for scholars to get a full picture of the status quo, and identify possible research gaps. Contents:Part One:Several Issues to Consider in Quantitative Economics (Wu Jiapei)Three Issues in Quantitative Economics (Zhang Shouyi)Several Major Theoretical Issues in Quantitative Economics (Li Jinhua)An Empirical Study on the Mutual Independent Relationship between China''s Economic Growth and Energy Consumption (Ge Xinquan and Zhang Jinwen)Game Theory and Quantitative Economics (Wang Guocheng)Application and Development of Input–Output Analysis in China (Liu Qiyun and Xia Ming)Three Developmental Stages and Tasks of China''s Econometrics (Li Zinai)A Review on the Development of Economic Prediction in China (Wu Jiapei and Liang Youcai)A Review of 10 Years of Economic Forecasting in China (Wang Tongsan and Shen Lisheng)One-Way Effect Causal Relationship of GDP and Energy Consumption in Taiwan (Chen Yanwu, Yao Feng and Wu Chengye)Part Two:Record of Major Events in the 30-Year History of the Chinese Association of Quantitative Economics (1979–2009) (Peng Zhan et al.)The Brief History of the Development of the Professional Committee of Game Theory (Wang Guocheng)The Memorabilia of Input–Output Committee (Liu Qiyun et al.)The Memorabilia of Enterprise Committee (1985–1997) (Hao Chunhe)Part Three:A Summary of the Minutes Commemorating 30 Years since the Establishment of the Chinese Association of Quantitative Economics (Lin Yulun)Selected Edit of Speeches at the 30th Anniversary Commemoration of the Founding of the Chinese Association of Quantitative Economics (Han Zhong)The Course of Establishing and Development of Chinese Association of Quantitative Economics (Zhang Shouyi)A Review of the 30 Years of the Chinese Association of Quantitative Economics (Wang Tongsan)Part Four:Remembering the Workshop in the Summer Palace (Liu Hong and Zhang Shouyi (Ed.))Postscript Readership: Students and researchers in economics. Key Features:This unique book is the first collection of extensive studies in the memorial of 30th anniversary of the Association of China''s Quantitative EconomicsIt covers most areas of quantitative economics, which not only offers a rich overview of the subject in general, but also include significant contributors of specific sub-area, such as mathematical economics, econometrics, and computational economicsIt is well written by prominent professors in the field of China''s Quantitative Economics. It provides featured reviews and papers that serve as a roadmap and blueprint of the development of China''s Quantitative Economics. This is especially a good time for scholars from all over the world to contribute to its future development, and this book provides the starting pointKeywords:Quantitative Economics;Mathematical Economics;Econometrics;Game Theory'

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ... (6) Columns for Discount on Purchases and Discount on Notes on the same side of the Cash Book; (c) Columns for Discount on Sales and Cash Sales on the debit side of the Cash Book; (d) Departmental columns in the Sales Book and in the Purchase Book. Controlling Accounts.--The addition of special columns in books of original entry makes possible the keeping of Controlling Accounts. The most common examples of such accounts are Accounts Receivable account and Accounts Payable account. These summary accounts, respectively, displace individual customers' and creditors' accounts in the Ledger. The customers' accounts are then segregated in another book called the Sales Ledger or Customers' Ledger, while the creditors' accounts are kept in the Purchase or Creditors' Ledger. The original Ledger, now much reduced in size, is called the General Ledger. The Trial Balance now refers to the accounts in the General Ledger. It is evident that the task of taking a Trial Balance is greatly simplified because so many fewer accounts are involved. A Schedule of Accounts Receivable is then prepared, consisting of the balances found in the Sales Ledger, and its total must agree with the balance of the Accounts Receivable account shown in the Trial Balance. A similar Schedule of Accounts Payable, made up of all the balances in the Purchase Ledger, is prepared, and it must agree with the balance of the Accounts Payable account of the General Ledger." The Balance Sheet.--In the more elementary part of the text, the student learned how to prepare a Statement of Assets and Liabilities for the purpose of disclosing the net capital of an enterprise. In the present chapter he was shown how to prepare a similar statement, the Balance Sheet. For all practical...