Tag Archives | Older Historical School

List of three main founders of older historical school of economics:- 1. Wilhelm Roscher 2. Bruno Hildebrand 3. Karl Knies. Founder # 1. Wilhelm Roscher (1817-1896): Roscher was the founder of the Older Historical School. Roscher did not repudiate classical theory completely. He asserted that economic theory should be supplemented with history; and studied in close touch with other sciences [...]