| Budget Amount *help |
¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000)
Fiscal Year 2016: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
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| Outline of Final Research Achievements |
This study clarifies the real implication of Walras’s concept of the zero-profit entrepreneur by focusing on not only his writings about pure economics but also his writings about social and applied economics. In Walras’s pure economics, in the state of equilibrium an entrepreneur is supposed to earn no profit. This unrealistic assumption has been questioned by many economists. I examine Walras’s explanation of the state entrepreneur in his social and applied economics as based on his concept of entrepreneurship in pure economics and how Walras used the state entrepreneur to demonstrate the difference between his collectivist plan and that of Karl Marx. I also show how Walras’s opinion about entrepreneurship also differed from that of Charles Gide, who insisted on profit abolition, and how Walras's concept of labor market was developped based on his idea of the zero-profit entrepreneur to support his labor policy.
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