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Topic: Historical school of economics


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In the News (Thu 31 Dec 09)

  
 [No title]   (Site not responding. Last check: 2007-10-16)
The Germany that gave birth to the historical school was divided, weak, and primarily agricultural.
The historical school gave great prominence to the need for state intervention in economic affairs and emphasized that the community has interests of its own that are quite distinct from those of the individual.
Economic activity is not merely the sum of the activities of persons motivated individually and mechanically by the desire for maximum monetary gain.
www.suu.edu /faculty/bowman/Econ3790/BrueInstitutionalHistorical.htm   (3839 words)

  
 The Historicity of Economics: Continuities and Discontinuities of Historical Thought in 19th and 20th Century Economics
Nau's introduction establishes a link between the nineteenth-century Historical School of Economics and New Institutional Economics, on the grounds of a common concern with institutions and path dependency.
Karl Häuser defends the use of the label "German Historical School," especially because of the differences existing between the German and the non-German unorthodox political economies in the final decades of the nineteenth century.
Historical and institutional economics, on the other hand, are value laden, at least in origin, and the model of scientificity they intended to attain was somehow different.
eh.net /bookreviews/library/0763.shtml   (1198 words)

  
 Historical school of economics - Wikipedia, the free encyclopedia
The Historical school of economics was a mainly German school of economic thought which held that a study of history was the key source of knowledge about human actions and economic matters, since economics would be culture-specific and not generalizable over space and time.
The German historical school largely controlled academia in Germany, as many of the advisors of Friedrich Althoff, head of the university department in the Prussian Ministry of Education from 1882 to 1907.
This school was highly influenced by the likes of Francis Bacon, Auguste Comte, and Herbert Spencer.It was this school that heavily critiqued the deductive nature of the classical economists, with several of the thinkers associated with this school selecting David Ricardo as the focus of their attack.
en.wikipedia.org /wiki/Historical_school_of_economics   (528 words)

  
 GERMAN HISTORICAL SCHOOL
Kiel School was heavily involved in Social Democratic politics and social and economic policy under the Weimar Republic.
Founder of the German Historical School, Roscher argued a cyclical "stages" theory of historical evolution.
Outside economics, he was a companion of Lassalle and Rodbertus - although not sharing wholly in their socialist ideals and of more conservative instincts in political matters, Wagner was a severe critic of unfettered capitalism and recommended state alleviation of the burden upon labor.
cepa.newschool.edu /het/schools/historic.htm   (1189 words)

  
 THE AUSTRIAN SCHOOL
The "Austrian School" (also known as the "Vienna School") emerged around one of the pioneers of the 1871 Marginalist Revolution, Carl Menger at the University of Vienna.
The Austrian School's traditional duel with the Marxians took on a new dimension when several prominent Paretians rode into the assistance of the Marxians by concurring with the possibility of an efficient socialist organization of economic society, what became known as the "Socialist Calculation" debate.
Professor of economics at the University of Vienna.
cepa.newschool.edu /het/schools/austrian.htm   (2417 words)

  
 Economics Topics Books and Articles - Research Economics Topics at Questia Online Library
Economics is the study of the production, distribution, and consumption of goods and services.
Economics is also concerned with labor division, finance, taxation, supply, and demand.
Economics is divided into macroeconomics, which deals with economic systems, and microeconomics, which focuses on one market.
www.questia.com /library/economics-and-business/economics-topics.jsp   (417 words)

  
 Snooks - Historical Analysis in Economics   (Site not responding. Last check: 2007-10-16)
It is to the case studies, I suspect, that most economic historians will be drawn and the editor is to be congratulated on bringing together an impressive cast of practitioners of historical economics.
The late-nineteenth-century historical school of economics also erred, he maintains, but in the opposite direction, by rejecting the deductive method.
Snooks offers a reformist conception of economic history, not applied economics or merely detailed description, but the study of the role of institutions, of past crises and their solutions, to gain a better understanding of the long-run world policy-makers must address.
cheops.anu.edu.au /~snooksweb/Books/HAE.html   (369 words)

  
 Everything you always wanted to know about Austrian School
The Austrian School is a school of economic thought founded in 1871 with the publication of Carl Menger's Principles of Economics, which helped start the Neoclassical Revolution in economics in the late nineteenth century.
The school originated in Vienna and owes its name to members of the Historical School of economics who during the Methodenstreit, where the Austrians defended the reliance that classical economists derisively called it the "Austrian School" to emphasize its departure from mainstream German thought and to suggest a provincial approach.
Austrian economists developed a sense of themselves as a school distinct from neoclassical economics during the economic calculation debate, with Ludwig von Mises and Friedrich von Hayek representing the Austrian position.
www.relan.net /Economics/Austrian_School.html   (1042 words)

  
 Mises Economics Blog: Anti-economics
"...despite the strength of its heritage in economics, from the time of the formation of German Empire in 1870, economics (as it is ordinarily understood) died.
I thought the tie-in with the German Historical School was especially apt, since their greatest critics were the Austrian economists.
Economics is seen not as a set of immutable laws of human action, but a set of competing opinions.
blog.mises.org /blog/archives/003038.asp   (851 words)

  
 The German Historical School of Economic Thought   (Site not responding. Last check: 2007-10-16)
The Historical School developed in the late nineteenth century as an alternative to neoclassical economic theory and policy.
Neoclassical economics was undergoing a revolution as it incorporated the marginalist approach to theory.
Around the turn of the century the German Historical School was replaced by another group of thinkers such as Werner Sombart (1863-1941) and Max Weber (1864-1920).
www.sjsu.edu /faculty/watkins/gerhist.htm   (311 words)

  
 The Social Affairs Unit - Web Review: Anti-Economics: As Dangerous as the Guillotine?
It was replaced by the German Historical School of Economics (GHS), led by Gustav von Schmoller, who could claim after a period of time that the appointment of any "Smithian" in the German University system was impossible.
Economics as it is currently taught is the naked emperor of the social sciences.
Neoclassical economics is the economics equivalent of Newtonian mechanics, and perhaps there are those seeking to replace it with a Quantum Mechanics.
www.socialaffairsunit.org.uk /blog/archives/000273.php   (2271 words)

  
 Tony Aspromourgos, "Defining 'Economics ' Exclusively", Post-Autistic Economics Review, issue 17
economics is the study of how societies organize the production and distribution of the means of human sustenance and larger consumption.
Hence it does not discriminate against economic history – economic history is included in a natural way in the definition, as well as economic anthropology and economic sociology.
From the standpoint of my suggested definition of economics, the marginalist approach then appears as the study of the distribution or allocation of a given set of resources to the achievement of (some of) a given set of possible (ranked) uses.
www.paecon.net /PAEReview/issue17/Aspromourgos17.htm   (831 words)

  
 Carl Menger — FactMonster.com
He was professor of economics at the Univ. of Vienna from 1873 until 1903, when he retired to devote himself to research.
The basic principle is that consumer goods have value of two orders, as they serve human needs directly or indirectly; thus he explained the economic phenomena of price and distribution in terms of social value.
economics: Further Evolution of Classical Economics - Further Evolution of Classical Economics At the same time as Marx was writing, the principles of...
www.factmonster.com /ce6/people/A0832681.html   (219 words)

  
 Nassau Institute
Menger's "Principles of Economics" was released in 1871.
Interest in the Austrian School took hold again in the 1930's as a result of the works of Ludwig von Mises and Friedrich von Hayek and was piqued in the late 1940's with the publication of Mises' masterpiece, "Human Action".
Hayek was awarded the Nobel Memorial Prize in Economics in 1974 for his contributions in the field of economics.
www.nassauinstitute.org /wmview.php?ArtID=578   (763 words)

  
 Austrian School - Wikipedia, the free encyclopedia
This Aristotelian/rationalist approach differs both from the currently dominant Platonic/positivist approach of contemporary neo-classical economics and the once dominant historical approach of the German Historical school of economics and the American Institutionalists.
The school originated in Vienna and owes its name to members of the Historical School of economics who during the Methodenstreit, where the Austrians defended the reliance that classical economists placed on logic over observation.
The economic calculation debate between Austrian and Marxist economists, with the Austrians claiming that Marxism is flawed because prices could not be set to recognize opportunity costs of factors of production, and so socialism could not calculate best uses in the same way capitalism does.
en.wikipedia.org /wiki/Austrian_School   (2119 words)

  
 UP School of Economics :: Historical Information   (Site not responding. Last check: 2007-10-16)
The School of Economics was established in 1965 by merging the Department of Economics, previously a part of the College of Business Administration, and the Institute of Economic Development and Research (IEDR), previously a separate unit of the University.
The Department of Economics is mainly responsible for the academic degree programs leading to the baccalaureate, M.A., and Ph.D. degrees, while the ERC directs the School’s research project.
In addition, under its Program in Development Economics, the School awards a diploma and master’s degree in development economics for middle-echelon government officials.
www.econ.upd.edu.ph /aboutupse/history.php   (143 words)

  
 Menger, Carl. The Columbia Encyclopedia, Sixth Edition. 2001-05
), 1840–1921, Austrian economist, a founder of the Austrian school of economics.
His theories are well known to the English-speaking world through the works of some of his associates, especially Friedrich von Wieser and Eugen von Böhm-Bawerk.
In response to a particularly negative review of Menger’s Problems of Economics and Sociology (1883) by Gustav Schmoller, Menger published a critique of the historical school of economics.
www.bartleby.com /65/me/Menger-C.html   (214 words)

  
 The Rise and Fall of Historical Political Economy :: Centre for History and Economics
The object of the project was to explore the different European historical schools of political economy and the precedents or risks they may suggest for modern economics.
There were presentations by Paul David (All Soul’s College, Oxford) on The Historical Evolution of Ahistorical Economics, and Richard Tuck (Harvard University) on Imperfect History of Perfect Competition, and comments by Emma Rothschild and Bertram Schefold (Johann Wolfgang Goethe-Universität).
The Centre for History and Economics is not responsible for the contents or reliability of any external websites and does not necessarily endorse the views expressed within them.
www-histecon.kings.cam.ac.uk /research/rise_and_fall.htm   (478 words)

  
 Austrian School - Wikipedia, the free encyclopedia
Austrian economists developed a sense of themselves as a school distinct from neoclassical economics during the economic calculation debate, with Ludwig von Mises and Friedrich von Hayek representing the Austrian position, where they contended that without monetary prices or private property, meaningful economic calculation was impossible.
Austrian economics was ill-thought of by most economists after World War II due to its rejection of observational methods.
Note that the economists aligned with the Austrian School are sometimes colloquially called "the Austrians" even though not all held Austrian citizenship, and not all economists from Austria subscribe to the ideas of the Austrian School.
en.wikipedia.org /wiki/Austrian_economics   (2119 words)

  
 Brad Cox, Ph.D.   (Site not responding. Last check: 2007-10-16)
Romer's shifting economics away from the dismal, away from a fetish with diminishing returns and scarcity, and infused the profession with optimism and the possibility of progress.
Economic FAQs About the Internet by Jeffrey K. MacKie-Mason and Hal Varian This is a set of Frequently Asked Questions (and answers) about the economic, institutional, and technological structure of the Internet.
Fuster, of the UCLA School of Medicine, writes "The first proponent of cortical memory networks on a major scale was neither a neuroscientist nor a computer scientist but..
www.virtualschool.edu /mon/Economics   (3345 words)

  
 Swarthmore Economics: History
First, the history of economics teaching at Swarthmore is one of nearly continuous growth and professionalization.
Despite this dramatic growth, there is a notable continuity in the history of economics at Swarthmore: a devotion to Quaker causes and social justice that often superseded purely theoretical interests.
In part because of Swarthmore’s Quaker roots, to a notably greater extent than the American economics profession as a whole, members of the Swarthmore Economics Department have often combined teaching and academic research with a commitment to the social issues of the day.
www.swarthmore.edu /SocSci/Economics/history.html   (411 words)

  
 Knowledge Products Audiobooks - Frank Knight & the Chicago School
Ironically, however, he is usually considered one of the founders of the "Chicago School of Economics", a group of economists whose members are among the most honored and decorated in history.
As an abstract theorist, Frank Knight emphasized the role of risk and uncertainty in economic affairs.
Although Knight did not create a systematic economic theory, his keen critical eye and his biting wit make him one of the most colorful and provocative of all the great economists.
www.audioclassics.net /html/econ_files/knight.cfm   (221 words)

  
 Historical School of Economics - Search Results - MSN Encarta   (Site not responding. Last check: 2007-10-16)
Historical School of Economics, group of 19th- and 20th-century economists, principally German, who were among the early critics of...
Economics : History of Economic Thought : The Classical School
As a coherent economic theory, classical economics starts with Smith, continues with the British economists Thomas Robert Malthus and David Ricardo,...
encarta.msn.com /Historical_School_of_Economics.html   (202 words)

  
 HES: Re: QUERY -- Defining a School of Economics?   (Site not responding. Last check: 2007-10-16)
I think, there is not a general definition of necessary and sufficient conditions of a school in science.
Literature: Lindenlaub, David F. (1993): The Myth of the Older Historical School of Economics, in: Central European History 26, pp.
Pearson, Heath (1999): Was There Really a German Historical School of Economics?, in: History of Political Economy 31, pp.
www.eh.net /pipermail/hes/2005-February/002869.html   (211 words)

  
 school uniform--economics
School uniform was first created in England to provide school wear to poor children in charity schools.
America never adopted school uniforms and the uniforms worn at private schools were c The Catholic schools did adopt uniforms and in the 1980s many public schools began experimentng with uniforms.
America never adopted school uniforms and the uniforms worn at private schools were seen a symbols of privlidge.
histclo.com /schun/eco/su-eco.html   (448 words)

  
 A Bibliography of Historical Economics to 1980 - Cambridge University Press   (Site not responding. Last check: 2007-10-16)
Historians and economists will find here what their fields have in common--the movement since the 1950s known variously as 'cliometrics', 'economic history', or 'historical economics'.
The many thousands of items cover all countries for all periods in which historical economics has been written.
It will be useful to all economic historians, as well as quantitative historians, applied economists, historical demographers, business historians, national income accountants, and social historians.
www.cambridge.org /catalogue/catalogue.asp?isbn=0521403278   (131 words)

  
 Methodology of the Social Sciences, Ethics, and Economics in the Newer Historical School: From Max Weber and Rickert to ...   (Site not responding. Last check: 2007-10-16)
Methodology of the Social Sciences, Ethics, and Economics in the Newer Historical School: From Max Weber and Rickert to Sombart and Rothacker
It describes the methodology of economics and the social sciences, the economic ethics, and the theory of the social and human sciences in the Historical School.
Together with the volume on the theory of ethical economy in the Older Historical School, the reader is provided with an encyclopedic description and analysis of the entire Historical School and of the German speaking tradition of economics and the social sciences in the 19th and the first half of the 20th century.
isbn.nu /3540634584   (445 words)

  
 Ask Dr. Economics - Page 3 - Zao Forums   (Site not responding. Last check: 2007-10-16)
Read through this lil summary of the austrian school and if you have any questions about terms or a pratice or theory or whatever, ask me ill walk you through you questions to what i think is the answer.
The Austrian School is a school of economic thought that advocates the adherence to strict methodological individualism.
However, the most influential "offshoot" of this aproatch has with out a doubt been the Kensyan school of thought that is primaraly used today as far as macroeconomic practice and implementation is concerned.
www.bleedzao.com /forums/showthread.php?p=258006#post258006   (536 words)

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