本文旨在探討五十年來《思與言》雜誌和臺灣經濟學界發展的交互影響。首先，分析五十年來，參與《思與言》雜誌的經濟學家之特質以及研究議題的共同特色。接著回顧近五十年來臺灣經濟學界的發展特色，特別從全球經濟學美國化的角度，剖析蓬勃發展的臺灣經濟學界背後不足之處，尤其是本土意識之缺乏和解決經濟現實問題之貧弱。最後點出在經濟學界未必受重視的《思與言》雜誌所具有之二大特質：本土建構和跨學門對話，在未來正可補正臺灣經濟學界發展之不足。

The paper explores the mutual influence between Thought and Words and Taiwan’s Economic Discipline in past 50 years. First, I analyze the common characteristics of the research topics and those economists who involved in the Journal. Second, I study the feature of the development of Taiwan’s economic discipline, especially from the perspective of Americanization of Taiwan’s Economics. I find that Taiwan’s economists lack of the Taiwanese consciousness, in one hand, and are weak in solving the practical economic issues happened in Taiwan, on the other hand. Final, I assert that the function of Journal could be a complement of Taiwan economics discipline which has two significant weaknesses – lack of Taiwanese consciousness and poor in dialogue with other disciplines.