Background
Negishi, Takashi was born on April 2, 1933 in Tokyo. Son of Suteta and Setsuko (Suzuki) Negishi.
(Negishi examines a broad range of topics in the history o...)
Negishi examines a broad range of topics in the history of economics that have relevance to current economic theories. The author contends that one of the tasks for historians of economics is to analyze and interpret theories currently outside the mainstream of economic theory, in this case, Walrasian economics. Familiar topics covered include the division of labor, economies of scale, wages, profit, international trade, market mechanisms, and money. These are considered in reference to the well-known non-Walrasian schools of thought.
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Negishi, Takashi was born on April 2, 1933 in Tokyo. Son of Suteta and Setsuko (Suzuki) Negishi.
Bachelor in Economic, University Tokyo, 1956. Master of Arts, University Tokyo, 1958. Doctor of Philosophy, University Tokyo, 1965.
Research Assistant, Research Association, Stanford University, 1958-1959,1959-1960. Assistant, Assistant Professor, University Tokyo, 1965-1967, 1967-1976. Visiting Professor, University New South Wales, 1968.
University Minnesota, 1969. Visiting Lector,
London School of Economies and Political Science, London, United Kingdom, 1975. Canadian Council Visiting Professor, University British Columbia, 1977.
Professor of Economics, University Tokyo, Tokyo, Japan, since 1976. Association Editor, Econometrica,
75, since 1978. Int Economic Record, 1964-1971.
Journal of International Economics, 1973.
(Negishi examines a broad range of topics in the history o...)
Author: General Equilibrium and International Trade, 1972, Nikkei Best Book award, 1973, Microfoundation of Keynesian Macroeconomics, 1979, Economics in a Non-Walrasian Tradition, 1985, History of Economics, 1989.
I started with the study of general equilibrium theory, proved the existence of a competitive equilibrium by using its optimality properties, considered the introduction of monopolistic competition, proved the stability of equilibrium under the assumption of gross-substitutability, considered the non-tâtonnement process, and clarified the implications of the dichotomy of real and monetary theories. I then applied general equilibrium theory to the study of international economics, i.e., gains from trade under increasing returns, infant industry protection, customs union and the second best, and the stability of foreign exchange markets, and to the study of public economics, i.e., the over-supply of public goods, second-best pricing in public utilities, and the solutions of externality problems.
I always tried, not so much to generalise theory mathematically, as to enrich it with economic significance, so that it can be applied to the problems of the real world economy. In the 1970s, my interests shifted from the theory and application of Walrasian economics to the consideration of the possibility of non-Walrasian economics.
Particularly, I developed a model with kinked demand curves to give a microeconomic foundation to Keynesian macroeconomics. My recent interest is in the study of the history of economics theories which are not related to the Walrasian mainstream, so that I can use them in my study of non-Walrasian economics. Some results of this study will be published soon as a book, entitled Traditions of Non-Walrasian Economic Theory, which includes studies of classical and Marxian and non-Walrasian modern economic theories.
Active Science Council Japan, Tokyo, 1985-1988. President Japan Association Economic, Tokyo, 1985. Fellow Econometric Society (council member 1974-1979, 82-87, 90-95, president 1994), International Economic Association (executive committee 1989-1992), Society for History Economic Thought (council member 1987-2000, president 1997-1999), American Economic Association (foreign honorary member), Japan Academy, History of Economics Society (distinguished fellow, since 2005).
Opera, detective stories.
Married Aiko Mori, October 23, 1964.