The book attempts to investigate the position of subjectivism in the economic theories in the past, and its relationship or rather confrontation with objective point of view in economics.

Kiichiro Yagi, currently the Vice President of Setsunan University, Osaka, taught theory of political economy and history of economics over two decades in the Graduate School of Economics, Kyoto University. His recent publications include Competition, Trust, and Cooperation, Melting Boundaries, and Austrian and German Economic Thought. He was the chief editor of Evolutionary and Institutional Economic Review.

Yukihiro Ikeda is a historian of economic thought. He is currently with the faculty of economics of Keio University, Japan. He has been researching the Austrian School of Economics, with special attention to Carl Menger and Friedrich Hayek, for more than twenty-five years. He is also interested in research of the historical development of German economics and the introduction of German Historical School of Japan.

Introduction: Subjectivism and Objectivism in the History of Economic Analysis, Kiichiro Yagi 1. Subjectivity, Objectivity and Biological Interpretation in Smith's View on the Real Values of Labour, Money and Corn, Tetsuo Taka 2. Individual Rationality and Mechanism in the History of Microeconomic Theory, Masahiro Kawamata 3. Quetlelet's Influence on W. S. Jevons: From Subjectivism to Objectivism, Inoue Takutoshi 4. Transforming of Rareté? : From Auguste to Léon Walras, Kayoko Misaki 5. Austrian Subjectivism and Hermeneutical Economics, Yuichi Shionoya 6. Carl Menger's Subjectivism: "Types," Economic Subjects, and Microfoundation, Yukihiro Ikeda 7. Böhm-Bawerk's Objectivism: Beyond Menger's Subjectivism, Shigeki Tomo 8. Ludwig von Mises as a Pure Subjectivist, Hiroyuki Okon 9. Uncertainty and Strategic Interdependence in the Interwar Viennese Milieu, Chikako Nakayama 10. Some Evolutionary Interpretations of the Economic Systems of Piero Sraffa and John von Neumann in the Light of Complexity, Yuji Aruka