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Schmoller's Impact on the Anglophone Literature in Economics

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Hodgson, G. Schmoller's Impact on the Anglophone Literature in Economics. Journal of Contextual Economics – Schmollers Jahrbuch, 126(2), 163-176. https://doi.org/10.3790/schm.126.2.163
Hodgson, Geoffrey M. "Schmoller's Impact on the Anglophone Literature in Economics" Journal of Contextual Economics – Schmollers Jahrbuch 126.2, 2006, 163-176. https://doi.org/10.3790/schm.126.2.163
Hodgson, Geoffrey M. (2006): Schmoller's Impact on the Anglophone Literature in Economics, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 126, iss. 2, 163-176, [online] https://doi.org/10.3790/schm.126.2.163

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Schmoller's Impact on the Anglophone Literature in Economics

Hodgson, Geoffrey M.

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 126 (2006), Iss. 2 : pp. 163–176

2 Citations (CrossRef)

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Hodgson, Geoffrey M.

Cited By

  1. Bringing Schmoller to America: Notes on the Translation of “The Idea of Justice in Political Economy”

    McAdam,, Mark | Störring, Matthias

    Schmollers Jahrbuch, Vol. 136 (2016), Iss. 4 P.361

    https://doi.org/10.3790/schm.136.4.361 [Citations: 4]
  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]

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.