抄録
This paper addresses the relativity of ‘chivalry’ and ‘fair wage’ in both Alfred Marshall’s eco-nomics and Thomas Carlyle’s works. Particular-ly, it is well-known that Marshall’s theory of economic growth has two core notions: ‘standard of life’ and ‘economic chivalry,’ but only the lat-ter has not always been considered as an eco-nomic notion. In order to define the theoretical implication of ‘economic chivalry,’ it is impor-tant to associate the ‘economic chivalry’ with the economic concept of ‘a fair rate of wage’ that is one of the fundamental conditions of economic growth. The reason is that the common signifi-cance of both concepts is to make sure of the sense of the word ‘fair’ on employment under the economic freedom. In the meantime, it must be noted that Carlyle’s Past and Present (1843), which propounded the ‘Captains of Industry’ to improve upon the condition of economic free-dom as ‘laissez-faire,’ also illustrates the relativi-ty of ‘chivalry’ and ‘fair wage.’ This paper, hence, shows that Marshall’s ‘economic chivalry’ and ‘a fair rate of wage’ has the philosophical similarity with Carlyle’s ‘chivalry of labour’ and ‘fair wage’ principle. Moreover, the paper also demonstrates that there exists an ideological consistency be-
tween Marshall’s ‘A Fair Rate of Wages’ (1887) and his ‘Social Possibilities of Economic Chiv-alry’ (1907).
JEL classification numbers: B 13, B 31, J 30.