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By Yuichi Shionoya

This quantity brings jointly eleven articles on Gustav von Schmoller, Max Weber, and Joseph Schumpeter. It goals to spot the methodological essence of the German old tuition (GHS) that flourished among the 1840s and the Nineteen Thirties. Schmoller was once a pace-setter of the GHS, and Weber and Schumpeter, whereas no longer officially considered as participants of the GHS, are its religious successors in that they built methodologies that helped unravel the debate in process among background and idea, and in that they each one practiced specified monetary sociology designed as a synthesis of historical past and theory.

Yuichi Shionoya, the previous president of Hitotsubashi college, brings a different eastern standpoint to this traditionally major and reemerging subject. The ebook might be of specific curiosity to scholars and students of monetary heritage, monetary sociology, evolutionary economics, and institutional economics.

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Extra resources for The Soul of the German Historical School: Methodological Essays on Schmoller, Weber and Schumpeter

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Shionoya, and B. Schefold, Gustav von Schmollers Lebenswerk: Eine kritische Analyse aus moderner Sicht, Düsseldorf: Verlag Wirtschaft und Finanzen. 1989. Notes 1 The influence of Schmoller in German academics was manifested in the Festschrift for the seventieth and centenary anniversaries of his birth. See Geibel et al (1908) and Spiethoff (1938). The positive appraisal of Schmoller on a large-scale ended with the latter Festschrift in 1938. There followed a fifty-year period of complete neglect.

In discussing another source of economics, namely the development of thought on practical problems in mercantilism and cameralism, Schmoller favored these practical doctrines rather than the abstract theories of their successors, namely the British classical economists, because the former depended on real experience. In other words, he found a framework policy for nation-building more important than macro- and microeconomic relations within a given framework. It should be emphasized that he expended the utmost effort to clarify practical policy in history rather than the doctrines of contemporary statesmen and scholars.

If the fat were removed from the book so that a skeleton could be brought out in full relief, it could stimulate a theoretical mind to formulate the skeleton relations. Even in light of his research program, which consists of (i) the collection of data, (ii) definition and classification, and (iii) the causal explanation, Grundriss has hardly reached the third step. Grundriss is not a finished work of the new type of economics proposed by the German Historical School, but rather an accumulation of raw materials in a roughly classified form, on the one hand, and a presentation of the vague but stoutly built scheme of stage theory, on the other.

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