JaLCDOI 10.18926/OER/66734
FullText URL oer_055_3_025_031.pdf
Author Niimura, Satoshi|
Abstract Adam Smith has advocated laissez-faire: however, many of Smith’s interpreters have pointed out that Smith discusses several exceptions to laissez-faire. Most of the important exceptions are not in Lectures on Jurisprudence (LJ); rather, they first appear in The Wealth of Nations (WN). These references seem to reflect a conscious shift in Smith’s policy principle from laissez-faire with small government to state intervention under big government. To compare small government with big, i.e. laissez-faire with government intervention, we must historically distinguish between two types of government intervention. The older type predated laissez-faire and included feudal governments, absolute governments and mercantilism, whereas the newer type includes various primitive forms of modern social or welfare states.
 Smith’s primary purpose in LJ is to criticise the older type of big government. In WN, he criticises the older big government in Books I, III and IV and promotes a newer type of government intervention in Books II and V, particularly regarding three important fields. First, he proposes regulating banking and financial markets in Book II of WN. Second, in contrast to LJ, where he gave little attention to public works and institutions, he considers them among the government’s three major duties in Book V of WN. Third, Smith drastically changes his views on taxation. He argues that they should be as light as possible in LJ, but in Book V of WN, he insists on increasing land taxes and abolishing taxes on necessaries; he also recommends introducing progressive taxes and abolishing regressive ones to achieve income redistribution.
 This paper considers the shifts in Smith’s position from endorsing the laissez-faire role of government in LJ to promoting government intervention in WN, particularly regarding financial regulation, public works and institutions and taxation.
Publication Title Okayama Economic Review
Published Date 2024-03-21
Volume volume55
Issue issue3
Start Page 25
End Page 31
ISSN 2433-4146
language English
Copyright Holders Copyright © 2024 岡山大学経済学会
File Version publisher
JaLCDOI 10.18926/OER/61450
Title Alternative How many causes of wealth did Adam Smith think there were? Comparing the theoretical structures in Wealth of Nations with Lectures on Jurisprudence
FullText URL oer_052_3_015_029.pdf
Author Niimura, Satoshi|
Abstract スミスの主著のフルタイトルは『諸国民の富の性質と諸原因の研究』であり,かれが富の諸原因の考察を自著の中心主題としていたことは明らかである。しかしスミスが何を富の原因と考えたか,そもそも富の原因がいくつあると考えたかについては,これまで十分に明確にされていない。本稿は『国富論』の母体となった『法学講義』(Bノート)の行政論と『国富論』の理論構成を比較考察することを通じて,『法学講義』行政論で論じられている富裕の5原因が『国富論』第1~5編の各編に継承されたことを明らかにする。
Publication Title Okayama Economic Review
Published Date 2021-03-10
Volume volume52
Issue issue3
Start Page 15
End Page 29
ISSN 2433-4146
language Japanese
Copyright Holders Copyright © 2021 岡山大学経済学会
File Version publisher
NAID 120006980473
JaLCDOI 10.18926/OER/58074
Title Alternative Equality and Distributive Justice Reconsidered: Related to Wages, Insurance, Taxes and Social Security
FullText URL oer_051_2-3_107_122.pdf
Author Niimura, Satoshi|
Publication Title Okayama Economic Review
Published Date 2020-03-19
Volume volume51
Issue issue2-3
Start Page 107
End Page 122
ISSN 2433-4146
language Japanese
Copyright Holders Copyright © 2020 岡山大学経済学会
File Version publisher
NAID 120006812127
JaLCDOI 10.18926/OER/54472
Title Alternative Evolution of Plato’s Thought on Equality: From the Republic to the Laws
FullText URL oer_048_1_001_013.pdf
Author Niimura, Satoshi|
Publication Title Okayama Economic Review
Published Date 2016-07-15
Volume volume48
Issue issue1
Start Page 1
End Page 13
ISSN 0386-3069
language Japanese
Copyright Holders Copyright © 2016 岡山大学経済学会
File Version publisher
NAID 120005822606
JaLCDOI 10.18926/OER/54159
Title Alternative Formation of Modern Egalitarianism by Hobbes: From the Critique of Aristotle to the Golden Rule
FullText URL oer_047_3_047_063.pdf
Author Niimura, Satoshi|
Publication Title 岡山大学経済学会雑誌
Published Date 2016-03-19
Volume volume47
Issue issue3
Start Page 47
End Page 63
ISSN 0386-3069
language Japanese
Copyright Holders Copyright © 2016 岡山大学経済学会
File Version publisher
NAID 120005740497
JaLCDOI 10.18926/OER/54145
Title Alternative The Meaning of the Second Law of Nature in Hobbes’s Leviathan
FullText URL oer_047_2_081_093.pdf
Author Niimura, Satoshi|
Publication Title 岡山大学経済学会雑誌
Published Date 2016-02-23
Volume volume47
Issue issue2
Start Page 81
End Page 93
ISSN 0386-3069
language Japanese
Copyright Holders Copyright © 2016 岡山大学経済学会
File Version publisher
NAID 120005740485
JaLCDOI 10.18926/49547
Title Alternative Japanese Language Education and Economic Inequality in China:From Comparative Research on Four Universities in Nanjing City
FullText URL snae_010_001_010.pdf
Author Lin, Xiangyu| Niimura, Satoshi|
Publication Title 北東アジア経済研究
Published Date 2013-03-25
Volume volume10
Start Page 1
End Page 10
ISSN 1880-8476
language Japanese
Copyright Holders 岡山大学大学院社会文化科学研究科
File Version publisher
NAID 120005232477
JaLCDOI 10.18926/OER/42075
Title Alternative The Early Labour Theory of Value and the Concept of "Invariable Measure of Value" - William Petty and Benjamin Franklin -
FullText URL oer_017_3-4_413_432.pdf
Author Niimura, Satoshi|
Publication Title 岡山大学経済学会雑誌
Published Date 1986-02-28
Volume volume17
Issue issue3-4
Start Page 413
End Page 432
ISSN 0386-3069
language Japanese
File Version publisher
NAID 120002723102
JaLCDOI 10.18926/OER/42001
Title Alternative Adam Smith's Early Theory of Justice - Consideration of Anderson Note -
FullText URL oer_019_3-4_327_347.pdf
Author Niimura, Satoshi|
Publication Title 岡山大学経済学会雑誌
Published Date 1988-01-20
Volume volume19
Issue issue3-4
Start Page 327
End Page 347
ISSN 0386-3069
language Japanese
File Version publisher
NAID 120002722989
JaLCDOI 10.18926/OER/41969
Title Alternative Ricardo's Criticism of Smith's Theory of Value
FullText URL oer_019_1_075_101.pdf
Author Niimura, Satoshi|
Publication Title 岡山大学経済学会雑誌
Published Date 1987-05-31
Volume volume19
Issue issue1
Start Page 75
End Page 101
ISSN 0386-3069
language Japanese
File Version publisher
NAID 120002723009
JaLCDOI 10.18926/OER/41761
Title Alternative Two Views on the Origin of Money: from Aristotle to Adam Smith
FullText URL oer_025_3_257_278.pdf
Author Niimura, Satoshi|
Publication Title 岡山大学経済学会雑誌
Published Date 1994-02-25
Volume volume25
Issue issue3
Start Page 257
End Page 278
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129705
JaLCDOI 10.18926/OER/41552
Title Alternative Equity and Efficiency in Adam Smith
FullText URL oer_030_3_183_196.pdf
Author Niimura, Satoshi|
Abstract This paper examined whether Adam Smith thought equity and efficiency were compatible or incompatible in the civilized society. In terms of thi$ issue this paper considered the relationship between sympathy and utility in Theory of Moral Sentiments, that between inequality and opulence in Draft of Wealth of Nations, and that between liberty and wealth in Wealth of Nations.
Publication Title 岡山大学経済学会雑誌
Published Date 1999-03-10
Volume volume30
Issue issue3
Start Page 183
End Page 196
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000129953
JaLCDOI 10.18926/OER/41480
Title Alternative Adam Smith's Criticism of James Steuart's Theory of Banking
FullText URL oer_032_4_161_174.pdf
Author Niimura, Satoshi|
Abstract This paper considered why and how Adam Smith criticized James Steuart's theory of Banking. In Lectures on Jurisprudence Adam Smith had a quite optimistic view about the stableness of banking system. But after the financial crisis in Scotland in 1760s and 1770s, especially the bankrupt of the Ayr Bank in 1772, Smith changed his early optimistic view of banking system. In Wealth of Nations Smith criticized Steuart's theory of banking, because Smith thought that its influence might be one of the major causes of the bankrupt of the Ayr Bank and the financial crisis in Scotland in 1772.
Publication Title 岡山大学経済学会雑誌
Published Date 2001-03-10
Volume volume32
Issue issue4
Start Page 161
End Page 174
ISSN 0386-3069
language Japanese
File Version publisher
NAID 110000130075
JaLCDOI 10.18926/OER/40585
Title Alternative Keynesian Issues in Adam Smith : Aggregate Demand and Financial Instability
FullText URL oer_035_2_027_035.pdf
Author Niimura, Satoshi|
Abstract 一般にケインズの対極に位置すると考えられているアダム・スミスは,総需要不足と金融不安定性の問題をめぐって,現代の新古典派よりもむしろケインズやケインズ派に近い考え方をしていた。スミスはステュアートのように金融・財政政策を通じた総需要拡大を主張しなかったが,そのことはスミスが総需要の問題を考慮しなかったことを意味するわけではない。スミスは,重商主義政策の撤廃による自由で効率的な資本と労働の配分が,労働需要の増加と賃金の上昇を通じて大衆的消費需要を拡大し,さらに自由貿易政策による貿易の拡大も総需要を拡大すると考えていた。またスミスは,エア銀行の破綻処理の経験を通じて金融市場の不安定性を認識し,金融システムの安定化のためには銀行の自由競争だけでは不十分であって,政府による一定の法的規制と銀行の企業モラルの改革が必要であると考えるようになったのである。
Publication Title 岡山大学経済学会雑誌
Published Date 2003-09-10
Volume volume35
Issue issue2
Start Page 27
End Page 35
ISSN 0386-3069
language Japanese
File Version publisher
NAID 120002647263