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German Political Economy: The History of an Alternative Economics

International Journal of Social Economics

ISSN: 0306-8293

Article publication date: 1 March 1985

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Abstract

Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely, innovative thought structures and attitudes have almost always forced economic institutions and modes of behaviour to adjust. We learn from the history of economic doctrines how a particular theory emerged and whether, and in which environment, it could take root. We can see how a school evolves out of a common methodological perception and similar techniques of analysis, and how it has to establish itself. The interaction between unresolved problems on the one hand, and the search for better solutions or explanations on the other, leads to a change in paradigma and to the formation of new lines of reasoning. As long as the real world is subject to progress and change scientific search for explanation must out of necessity continue.

Citation

Riha, T. (1985), "German Political Economy: The History of an Alternative Economics", International Journal of Social Economics, Vol. 12 No. 3/4/5, pp. 2-248. https://doi.org/10.1108/eb013991

Publisher

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MCB UP Ltd

Copyright © 1985, MCB UP Limited