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John R. Commons’ Criticism of Wicksell's Theory of Interest: Focusing on the Influence of R. G. Hawtrey
Journal of Economic Issues ( IF 1.0 ) Pub Date : 2020-10-01 , DOI: 10.1080/00213624.2020.1818505
Hiroyuki Uni

Abstract: John R. Commons is one of the founders of the American institutional school. In recent years, two compiled manuscripts of his main book, Institutional Economics, were discovered in Japan and in the United States. One is a manuscript written in 1927 found at the Kyoto Prefectural Library, and the other is a manuscript dated 1928–29 found at The United States Department of Agriculture's National Agricultural Library. Using these manuscripts, this article examines formation process of Commons’ institutional theory of interest. In particular, the influence of R. G. Hawtrey on Commons’ theory is explained. Commons depended heavily on Hawtrey's theory in order to overcome some limitations included in Wicksell's theory, in the section of Institutional Economics titled “A World Pay Community.” This is clarified mainly by comparing it with a section of the manuscript with the same title, which did not refer to Hawtrey.

中文翻译:

John R. Commons 对 Wicksell 利益理论的批评:关注 RG Hawtrey 的影响

摘要:John R. Commons 是美国机构学派的创始人之一。近年来,他的主要著作《制度经济学》的两份汇编手稿在日本和美国被发现。一份是 1927 年在京都府立图书馆发现的手稿,另一份是 1928-29 年在美国农业部国家农业图书馆发现的手稿。本文利用这些手稿,考察了康芒斯利益制度理论的形成过程。特别地,解释了 RG Hawtrey 对 Commons 理论的影响。Commons 严重依赖 Hawtrey 的理论,以克服 Wicksell 理论中的一些局限性,在题为“A World Pay Community”的制度经济学部分。
更新日期:2020-10-01
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