Yasuma Takata (1883-1971), nicknamed 'the Japanese Marshall' by Martin
Bronfenbrenner, dominated sociology and then economics in Japan over a
long period. In sociology he was known through his articles published in
German, whilst as economist he remained rather unknown in the West,
despite his work along the line connecting Walras, Bohm-Bawerk, Wicksell
and Keynes. His scope is so wide as to view Marx critically and
accommodate Veblen, Pareto, Schumpeter. Accepting the orthodox economic
theory as a first approximation, he tried to introduce institutional
factors and power relationships as a second approximation. This volume
is edited so as to represent a synthesis of his economics and sociology.