Year: 2006
Author: Hodgson, Geoffrey M.
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 126 (2006), Iss. 2 : pp. 163–176
Abstract
This essay examines the impact of the work of Gustav Schmoller in the economics literature in Britain and America. lt shows that Schmoller's reputation was not significantly eroded as a result of the Methodenstreit. In particular, Alfred Marshall retained a high opinion of Schmoller's contribution and aligned himself with Schmoller's mature methodological position. However, references to Schmoller's work began to decline after the publication of the two volumes of the Grundriss in 1900 and 1904. Nevertheless, a direct theoretical assault on Schmoller's contribution did not appear in the Anglophone joumals of economics until the 1930s when Friedrich Hayek and Lionel Robbins wrongly caricatured Schmoller as an opponent of all theory and an advocate of atheoretical description.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.126.2.163
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 126 (2006), Iss. 2 : pp. 163–176
Published online: 2006-02
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 14
Author Details
-
Bringing Schmoller to America: Notes on the Translation of “The Idea of Justice in Political Economy”
McAdam,, Mark | Störring, MatthiasSchmollers Jahrbuch, Vol. 136 (2016), Iss. 4 P.361
https://doi.org/10.3790/schm.136.4.361 [Citations: 2] -
Austrian Economics in Transition
The German Historical School, Schumpeter and Ichiro Nakayama: Economic Theory and Economic Sociology
Nishizawa, Tamotsu
2010
https://doi.org/10.1057/9780230281615_5 [Citations: 0]