第十三讲企业理论-刘岩–武大金融.PDF

第十二讲： 企业理论 武汉大学本科金融学专业 2018 （秋）公司金融 授课人：刘岩 回归经济学的本质 Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses. Lionel Robbins An Essay on the Nature and Significance of Economic Science 1935, p. 15 2018/12/2 第十二讲 2 Adam Smith’s “invisible hand” By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. Wealth of Nations Chapter 2 of Book IV 2018/12/2 第十二讲 3 L. E. Read 1958 “I, Pencil” 《我，铅笔》 （秋风译） 我是一支铅笔——最普通的木杆铅笔，只要是能读会写 的男女老少都最再熟悉不过的铅笔。 写字是我的职责，也是我的业余爱好；那是我的全部工 作所在。 你肯定有点奇怪，我干嘛要搞一个什么家谱。好吧，我 来解释一下。嗯，首先，因为我的故事很有趣。其次，我是一 件神秘的东西——要比树木、比日落、甚至比闪电要神秘多了。 不过，很不幸，那些用我的人把我看得平淡无奇，就好象我完 全是自己钻出来的，一点背景都不需要。这种目空一切的心态 把我归入大路货的档次。这实在是一个令人伤痛的错误，而如 果人们一直犯这种错误，难免会出乱子。因为，博学的G. K. Chesterton 曾经说过：“我们会因为缺乏好奇而毁灭，而不会 因为期望奇迹而毁灭。” 2018/12/2 第十二讲 4 《我，铅笔》 （续） 我，铅笔，尽管看起来平平凡凡，但是也值得你探索和 敬畏，我会证明给你看的。事实上，如果你能理解我的心—— 唉，这对不管什么人来说，恐怕都是过高的要求——如果你能 认识到我所蕴涵的那些不可思议之处，你就会愿意努力维护人 们正在不幸地丧失的自由。我可以教给你们一些深刻的教训