German historical school of economics

E154331

The German historical school of economics was a 19th- and early 20th-century intellectual movement that emphasized empirical, historical, and institutional analysis of economic phenomena rather than abstract universal laws.

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All labels observed (5)

Statements (51)

Predicate Object
instanceOf historical school of economics
school of economic thought
associatedWith Adolph Wagner NERFINISHED
Bruno Hildebrand NERFINISHED
Friedrich List
Gustav von Schmoller
Karl Bücher
Karl Knies
Lujo Brentano
Max Weber
Werner Sombart
Wilhelm Roscher
coreConcept economic institutions evolve over time
economic phenomena are historically contingent
economic policy should be context-specific
importance of legal and social institutions in economics
rejection of timeless economic laws
state has an active role in economic life
countryOfOrigin Germany
emphasizes empirical research
historical analysis of economic phenomena
inductive reasoning
institutional analysis
endTime early 20th century
field economics
hasPart older historical school of economics
younger historical school of economics
youngest historical school of economics
influenced development economics
economic history as an academic discipline
historical sociology
institutional economics
ordoliberalism
social policy in Imperial Germany
influencedBy German idealism
Prussian administrative traditions
Romanticism
historicism
institutionalBase Verein für Socialpolitik
mainRegion German-speaking Europe
methodologicalApproach case studies
comparative historical analysis
inductive method
notableEvent Methodenstreit with the Austrian School
opposes abstract universal economic laws
classical economics
early neoclassical economics
laissez-faire liberalism
startTime 19th century
viewOnEconomics economics is a moral and social science
economics must be integrated with history, law, and sociology

Referenced by (11)

Full triples — surface form annotated when it differs from this entity's canonical label.

Max Weber movement German historical school of economics
Leopold von Ranke influenced German historical school of economics
this entity surface form: German historical school
Epistemological Problems of Economics critiques German historical school of economics
this entity surface form: German Historical School
Richard T. Ely influencedBy German historical school of economics
Walter Eucken influencedBy German historical school of economics
Economy and Society influencedBy German historical school of economics
this entity surface form: German historical school
John Bates Clark influencedBy German historical school of economics
Friedrich List influencedBy German historical school of economics
this entity surface form: German historical school of economics (early currents)
Friedrich List influenced German historical school of economics
Grundsätze der Wirtschaftspolitik influencedBy German historical school of economics
Southwest German School influenced German historical school of economics
this entity surface form: German historicism