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Abstract

Vol. 57, No. 3, pp. 193-207 (2006)

“The Welfare Economic Studies of Tokuzo Fukuda and Their International Context”
Tamotsu Nishizawa (Institute of Economic Research, Hitotsubashi University)

In this paper I investigate the welfare economic studies of Tokuzo Fukuda, a pioneer in the economics of Japan, in historical and intellectual context. Through it I aim to clarify the problems of welfare economics and the welfare state and to show welfare economics in its formative age as a pluralistic field in which many competing approaches were pursued. Fukuda pursued the welfare economic studies based on labour problems from his maiden work with his teacher Brentano. Strongly inspired by the welfare economics of Marshall and Pigou, Fukuda become more sympathetic to Hobson's ethical and humanist approach along with the American institutionalists.