Wang Anshi’s economic reforms: proto-Keynesian economic policy in Song Dynasty China
比较了宋朝王安石的经济改革与凯恩斯主义政策,发现两者在政府支出刺激总需求、增加投资诱因和国家控制经济以应对经济萧条和失业方面高度一致,提出王安石改革可称为原始凯恩斯主义。
The parallel between the economic reforms of Chinese Song Dynasty Chancellor Wang Anshi and those associated with Keynesianism has been rather neglected so far. However, understanding the original ideas of Wang Anshi’s economic thought and his reform policies, and comparing those with John Maynard Keynes’, we argue that Wang Anshi’s reforms well deserve the label of ‘proto-Keynesianism’. Both sides reach a consensus about the importance of government’s expenditure to support aggregate demand, increasing inducement to invest and state control of the economy in order to combat economic depression, especially as regards unemployment.