This book features the main papers of Gunter Schmolders
(1903-1991), a pioneer in economic psychology for the first time in
the English language. Schmolders incorporated psychological
considerations in his economic analyses at a time when the distance
between the two disciplines was much larger than today. His
research on 'fiscal psychology' is of particular and lasting
interest, impacting greatly on continental economics. During his
lifetime, Schmolders failed to build bridges to enable his
contemporary fellow economists to appreciate the importance of his
work, however the relevance of his approach is much more obvious in
the world's current economic climate.
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