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Founders of the Older Historical School | Economics

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 [...]

By |2016-05-23T06:16:17+05:30May 23, 2016|School of Economics|Comments Off on Founders of the Older Historical School | Economics

Founders of the Younger Historical School

List of two main founders of the younger historical school:- 1. Gustav Schmoller 2. Friedrich List. 1. Gustav Schmoller (1839-1917): The younger historical school was led by Gustav Schmoller, the most influential historical economist of Germany. As compared with Roscher, Schmoller was more revolutionary in his methodological views and more interventionist in his social views. In his outline of General [...]

By |2016-05-23T06:16:06+05:30May 23, 2016|School of Economics|Comments Off on Founders of the Younger Historical School

Biography of Friedrich Von Wieser (1851-1926)

In this article we will discuss about Friedrich Von Wieser:- 1. History of Friedrich Von Wieser 2. Economic Ideas of Friedrich Von Wieser 3. Critical Estimate. History of Friedrich Von Wieser: Friedrich Von Wieser was the second member of the Austrian trio who contributed the Austrian School. He was the son-in-law of Karl Menger. He studied for two years in [...]

By |2016-05-23T06:15:47+05:30May 23, 2016|Biography|Comments Off on Biography of Friedrich Von Wieser (1851-1926)
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