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Max Weber as an Economist: Revisiting Max Weber’s Legacy 100 Years after His Passing

Max Weber as an Economist: Revisiting Max Weber’s Legacy 100 Years after His Passing
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Year:    2020

Author:    Louzek, Marek

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 140 (2020), Iss. 2 : pp. 205–222

Abstract

This article presents Max Weber as an economist and as a social scientist. Weber’s relations to economics, philosophy and sociology are discussed. Max Weber has more in common with economists than it might seem at first sight. His principle of value neutrality has become the foundation of the methodology of social sciences, including economics. The second point shared by Max Weber with standard economics is methodological individualism. The third point which a modern economist can learn from Max Weber is the concept of the ideal type.

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Journal Article Details

Publisher Name:    Global Science Press

Language:    English

DOI:    https://doi.org/10.3790/schm.140.2.205

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 140 (2020), Iss. 2 : pp. 205–222

Published online:    2020-04

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    18

Keywords:    Institutional Economics Economic Sociology Protestant Ethic Methodology of Economics B15 A14 A15

Author Details

Louzek, Marek

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Section Title Page Action Price
Max Weber as an Economist: Revisiting Max Weber’s Legacy 100 Years after His Passing 205
By Marek Louzek 205
Abstract 205
1. Introduction 205
2. “A One-Third Economist” 206
3. National State and Economic Policy (1895) 207
4. Lectures on General (“Theoretical”) Economics (1898) 209
5. The Protestant Ethic and the Spirit of Capitalism (1904–1905) 210
6. Papers on Stock Exchanges and Stock Trading (1894–1898) 212
7. The Economic Dimensions of Economy and Society (1922) 205
8. A Comparison with Adam Smith 205
9. Weber’s Impact on Economics 205
10. Summary 205
References 205