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Chinese classic economics

Author: Zhong Yongsheng; Bao Qin
Publisher: UK : Paths International Ltd, 2016. ©2016
Edition/Format:   Print book : EnglishView all editions and formats

Modern economics come from western countries. They are the mirrors of the economic conditions of these countries and the way they talk about economic phenomena is under the logic of western  Read more...


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Genre/Form: History
Document Type: Book
All Authors / Contributors: Zhong Yongsheng; Bao Qin
ISBN: 1844644669 9781844644667
OCLC Number: 936145087
Description: xiv, 545 pages ; 26 cm
Contents: Preface: The Meaning of Jing Ji ISelf-Preface: Start University Life with The Great Learning IIIContents VIIChapter I. Introduction: China Has Its Own Original Economics 11. Why China has its original economics? 41.1 Historical facts reveal the principles 41.2 Historical data disclose the principles 51.3 The marvelous principles originate from nature 72. Why recent Chinese people not know their original economics? 162.1 The historical reason 162.2 Reason of the unique cultural system 172.3 Reason of the unique learning way 203. What distinguishes Chinese classic economics from western economics? 233.1 Differences between Chinese classic economics and western economics 233.2 Significant meanings of Chinese classic economic in present day 253.3 A review of "common knowledge in western economics" in the framework of Chinese classic economics 293.4 Theoretical problems to be solved for rebuilding Chinese classic economics 394. Main ideas of the book 414.1 The meaning of "Jing Ji" in Chinese classics 414.2 Main theoretical clues of Chinese classic economics 454.3 Basic principles of Chinese classic economics 495. Some reading suggestions 57Chapter II. Fundamental Concepts of Chinese Classic Economics 631. View of universe: Created from self-nature 651.1 The concept of self-nature in the Chinese classics 671.2 The concept of self-nature in modern physics 711.3 Interpretation from the perspective of general relativity theory 821.4 The process of "the One brings forth all" in historical culture 862. View of life: Nature and man are One 912.1 Life shaped by oneself 922.2 Ten qualities: Dao, virtue, benevolence, righteousness, propriety, wisdom, trustiness, bravery, strength and harmony 1012.3 Ethical principles outside reflect the Five Elements inside 1322.4 Explanation of life with the Integral Calculus 1393. View of value: Wealth is the fruit of the virtue tree 1413.1 Wealth and virtue are twins 1413.2 One common misconception: "Of the honored and exalted there are none greater than he who is rich and noble" 1463.3 The false proposition: Debates over righteousness and benefit 148Chapter III. Fundamental Axioms of Wealth in Chinese Classic Economics 1541. Axioms on the nature of wealth 1551.1 Ethics originates from nature 1551.2 Virtue is the root of wealth 1571.3 Wealth is gained from good virtue 1602. Axioms on the production of wealth 1632.1 Self-nature embodies all 1632.2 Minds and thoughts are the determinants 1662.3 Giving is receiving 1752.4 Accumulation of virtue changes destiny 1772.5 The Heaven rewards the diligent 1792.6 Harmony breeds wealth 1813. Axioms on the phenomena of wealth 1853.1 Different types of wealth 1853.2 Wealth is not determined by the type of profession 1873.3 Wealth collected in unrighteous ways will be lost in similar ways 1883.4 Wealth in the past, present, and future lives 1903.5 The ancestors' good virtue benefits descendants 1934. Axioms on the use of wealth 1944.1 Luxurious enjoyment and waste reduce lifespan 1944.2 Hoarding wealth keeps one away from Dao 1954.3 Giving is receiving 196Chapter IV. Theoretical Framework and Research Paradigm of Chinese Classic Economics 1991. Logic premise and the starting point of analysis: Motivation, action and realization of altruism 2001.1 Self and others as one: Self-interest, altruism and win-win 2001.2 Private property, motivation of altruism and social equity 2081.3 The nature of market price: A point achieved by both altruism and self-interest 2132. The basic nature of economic resources: The consequences of virtuous deeds 2162.1 "Nature and man are in one" and the law of cause and effect 2162.2 The right man at the right time for the right technologies and resources 2183. Government and market: The two intertwined natural orders 2203.1 The nature of government and market 2203.2 The driving force of market: Self-improvement rather than competition 2243.3 The boundary of government behaviors: "Not to disturb" 2263.4 "The invisible hands": Morality rather than the market 2363.5 Root causes of the market risk: "Lack of virtue in the past lives" and "losing virtue in the present life" 2384. Virtue capital: The third form of capital 2394.1 Physical capital: The tangible asset of virtue capital 2404.2 Human capital: The transformed asset of virtue capital 2414.3 Virtue capital: Accumulation of good deeds as capital 2425. Methodology of unifying inner verification and outer practice: Interactive changes of Yin and Yang, movements of the Five Elements, and deductions based on the Eight Trigrams 2445.1 The economic implications of The Yellow Emperor's Inner Canon 2445.2 Mathematical economics in the Book of Changes 2545.3 The economic forecasts based on the Book of Supreme World Ordering Principles 2585.4 Research approaches and methods: Inner verification, comprehensive perception and in-accord-with-known action 265Chapter V. Interpretation of the Economic Phenomena Based on Chinese Classic Economics 2671. Consciousness, behaviors and economic phenomena 2671.1 Ethics, psychology and physiology 2681.2 The Dao following nature, spontaneous order and the economic institutions 2751.3 The hierarchy structure of Chinese classic economics 2792. Eight aspects of economic phenomena 2812.1 Essence, phenomena, and functions 2822.2 Causes, consequences and conditions 2842.3 Facts and principles 2853. Ethics and morality determines the transaction cost of the economic institutions 2863.1 Four standards: In accordance with Dao, virtue, principle and law 2863.2 Contracts are substitute for ethics 2894. The economic system and employment system of ancient China 2914.1 Contracts of ethics: Follow the etiquette and act according to the position 2924.2 Contracts of patents: Skills inheriting from family tradition 2964.3 The employment contract: Names are carved to be truthful 297Chapter VI. Historical Evidence of Chinese Classic Economics (I): Good Fortune Stems from Good Virtue 2991. The "Grand Times" in Chinese history 3001.1 The legendary saints: Governance by good virtue 3021.2 Rule of Wen and Jing: Simple and modest, benefit all generations 3071.3 Golden Years of Zhenguan Administration: Restrain oneself and follow the advices, practice good administration diligently 3131.4 Prosperity of Kangxi and Qianlong: One employment supported ten persons 3272. The "Resurgence Periods" in Chinese history 3292.1 Yi Yin and Tai Jia: Introspection of emperor and trustiness of minister 3292.2 Gou Jian restored his country: Enduring hardship with vigorous efforts 3322.3 Resurgence by Guangwu: Cease military activities and promote culture and education, brighten the good virtues of ancestors 3353. Ethical evaluation of reforms in Chinese history 3373.1 Reform of Shang Yang: Strengthen the national power but hurt the human relationships 3383.2 Reform of Wang Anshi: Win good time but lose harmony between people 3414. Economists justified by Chinese classic economics and their theories 3454.1 Guan Zhong: Establishment of the principles that match with the facts 3474.2 Fan Li: A sage of business who retreated modestly to himself 3624.3 Bai Gui:"Father of Business" who possessed wisdom, benevolence, bravery and strength 3704.4 Yan Ying: Help people without singing his own praise, remedy the misbehaviors of three emperors without taking rewards 3734.5 Xiao He and Cao Shen: Cao followed Xiao's rules as they were both well aware of the principles of management 3745. Be benevolent to achieve longevity: Virtues for century-old shop 378Chapter VII. Historical evidences of Chinese Classic Economics (II): Losing Virtue Induces Bad Consequences 3821. Bad virtue and bad deeds of the last emperors and the fall of the dynasties 3831.1 Main aspects of bad virtue and bad deeds of the last emperors 3831.2 Typical examples of the last emperors 3871.3 Examples of emperors causing the state going from prosperity to decline 3952. Bad virtue and bad deeds of ministers and the social unrest 4002.1 Zhao Gao and the downfall of the Qin Dynasty 4002.2 Yang Guozhong, Li Linfu and Rebellion of An and Shi 4023. Bad virtue and bad deeds of people and the decline of their families or enterprises 4033.1 Unrighteous behaviors induce the loss of wealth and the fall of family 4033.2 Bad virtue is the root cause of the fall for century-old shop 407Chapter VIII. The Crisis of Western Economics and the Rescue: From the Perspective of Chinese Classic Economics 4121. Why western economics comes to an end 4131.1 Groundless assumptions 4131.2 Paradoxical logical systems 4151.3 Self-righteous model designs 4181.4 Half known explanations for the phenomena 4191.5 Split of Macro and Micro 4211.6 Theoretical defense lacks sincerity 4222. Inner causes for the crisis of western economics: Away from ethics and reality 4262.1 Marshall: Worry about the split of economics and ethics in the speak in Royal Economic Society 4272.2 Hayek: The ultimate ends of the activities of reasonable beings are never economic 4292.3 Coase and Steven Cheung:"Economics" has nothing to do with the real-world 4302.4 Armartya Sen: Calling for bringing economics closer to ethics 4332.5 Akerlof and Shiller: A "new findings" of animal spirits 4332.6 Soros: Proposing "Theory of Reflexivity", conclusively demonstrating the inadequacy of the Efficient Market Hypothesis 4362.7 He Xin: Anti-mainstream economics 4403. The original principles of western economics: Ethics and economics 4423.1 Virtue and wealth in western history of thought 4423.2 The original intention of Adam Smith and his limitations 4443.3 Adam Smith founded the western economics with two books 4474. The integration and development of Chinese classic economics and western economics 4494.1 Renaissance of Chinese economics and rescue of western economics 4494.2 Fundamental methodology to be learnt by western economics: The complete, perceptive and practical researches in China 4534.3 From Confucius to Hayek: "Following the desire of his heart without breaking the laws" V.S. "Achieving freedom by self-discipline" 4604.4 From Laozi to Adam Smith: "Act naturally as if taking no-action" in China V.S. "Night watchman" in the west 4624.5 From Guanzi to Armartya Sen: "When the barn is full, man appreciate rites and etiquette" V.S. "A serious distancing between economics and ethics" 465Chapter IX.A Balanced Economy: The Road to Harmony 4671. The essential nature of a balanced economy: The ethics of Middle-way 4691.1 The great law of nature: Act naturally as if taking no-action 4691.2 The Middle-way economy: All are shaped by ethics 4732. Four basic elements of a balanced economy 4762.1 Ethical self-discipline 4762.2 Freedom of contract 4802.3 Self-conscious government 4822.4 Leave wealth with the people 4863. The "socialist market economy" is actually a balanced economy: A re-interpretation of China's 30 years reform and opening-up from the perspective of Chinese classic economics 4913.1 From planned to market: Free the mind and release the vitality 4953.2 Watch out for an uncontrolled market: Risks and problems 4963.3 A harmonious Middle-way economy: Past and future 498Chapter X. Conclusions: New Economics, New School and New Education of Economics 5021. Spring has returned: The rebirth of Chinese Classic Economics 5021.1 A brief review of the main contents 5041.2 What's left 5062. Awaken and act: The rising of School of Chinese Classic Economics 5072.1 The establishment of School of Chinese Classic Economics 5082.2 The tasks of School of Chinese Classic Economics 5093. Behave in accord with what you have known and comprehended: Reforms in the education of economics following Chinese Classic Economics 5123.1 Existing problems in current education of economics 5123.2 Guidance for education in universities of finance and economics: Behave in accordance with what you have learnt 5153.3 Policy suggestions 518Postscript: More Is Left: A New Start Rather Than an End 521
Responsibility: author: Zhong Yongsheng ; translated by: Dr. Bao Qin.


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