Budget Amount *help |
¥1,700,000 (Direct Cost: ¥1,700,000)
Fiscal Year 1997: ¥600,000 (Direct Cost: ¥600,000)
Fiscal Year 1996: ¥1,100,000 (Direct Cost: ¥1,100,000)
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Research Abstract |
In the first year the unpublished correspondence between J.B.Clark and F.H.Giddings was almost completely tanscribed. The first stage of its analysis was begun in the second year. It consists of Clark's 265 letters to Giddings and Gddings' 5 letters (copies) to Clark with a long memorandum written between 1886 and 1930. About 98 per cent of their letters were written between 1886 and 1895 when Clark was developing his economic theory, especially distribution theory of marginal productivity. These letters are of great value, because they shed new light on the formation process of Clark's theory of marginal productivity and then on the process of marginal revolution in the United States. What was Giddings'role in this process? His role was beyond that he became a joint author of the Modern Distributive Process, 1888. His influence on Clark was not small at least in the following important points : the formation of Clark's theory of distribution, especially theories of capital and interest, the distinction between statics and dynamics, and the formation of his dynamics, and the conservative ideological influence on Clark in the changing process from Christian socialism to 'Progressive Liberalism'. The first research results were reported at the third conference of the Japanese Society for the History of American Economic Thought in June 1997. The title was 'J.B.Clark and F.H.Giddings : The Outline of their Unpublished Correspondence, 1886-1930. 'The enlarged and revised version of the research results were published as an article entitled 'J.B.Clark and F.H.Giddings : Their Unpublished Correspondence'in Keizai Ronshu (Economic Review) (Kansai University) , 47-5, pp. 1-20, Decomber, 1997. The texts of the correspondence with an English explanatory introduction are scheduled to be published from JAI Press Inc. in the United States probably in 1998.
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