CASE STUDY OF THETICAL AND ANTITHETICAL ECONOMICS. TRANSITION OF ECONOMIC HEGEMONY

Abstract

The author discusses in this paper how economic hegemony of the world changed from time to time, as part of a case study of “Thetical and Antithetical Economics proposed by Eizo Kinoshita, Reference 1”. The author insists that a law like mechanism functions concerning the rise of a nation to the role of economic hegemon, which is summarized as “the collapse of a bubble economy in a country would help itself emerge as a new economic hegemon,” and verifies it from a historical point of view.