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Gustav von Schmoller and Adolph Wagner - Legacy and Lessons for Civil Society and the State (Hardcover, 1st ed. 2018)
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Gustav von Schmoller and Adolph Wagner - Legacy and Lessons for Civil Society and the State (Hardcover, 1st ed. 2018)
Series: The European Heritage in Economics and the Social Sciences, 21
Expected to ship within 12 - 17 working days
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This book discusses the work of German economists Gustav von
Schmoller and Adolph Wagner, its influence on the tradition of
German and Austrian economic and social thought, and its
implications for the discipline today. Schmoller and Wagner
integrated philosophical, historical, sociological and political
approaches into the science of economics, focusing specifically on
economic development. Schmoller, who is considered the head of the
second generation of the German Historical School, argued that
general propositions of economic theory had to be based on
historical-empirical studies. In contrast, Wagner was a
systematologist who preferred to start his investigations into
economic problems from abstract principles. Schmoller and Wagner
share, however, a common focus on institutions and the role of the
state; Wagner favored state policy initiatives, while Schmoller was
concerned with the risks of state policy failure. One hundred years
after their deaths, the contributions to this book look into their
approach, trace the influence of their ideas, and explore the
relevance of their thought in a global economy. This book will be
useful for students and scholars interested in socio-economics, the
history of economic thought, economic policy, and political
science.
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