The Visionary Realism of German Economics: From the Thirty Years' War to ...

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收藏 2020-08-29

The Visionary Realism of German Economics: From the Thirty Years' War to the Cold War
by Erik S. Reinert (Author), Rainer Kattel (Editor)

About the Author
Erik S. Reinert is Professor of Technology Governance and Development Strategies at Tallinn University of Technology, Estonia, and also Chairman of the Other Canon Foundation in Norway. He holds a BA from Hochschule St. Gallen, Switzerland, an MBA from Harvard University, and a PhD in economics from Cornell University. For almost 20 years he ran a manufacturing company producing in three European countries. This background brought Reinert close to economics as a “science of practice” (Erfahrungswissenschaft). Lecturing in five languages, Reinert’s work has taken him to more than 65 different countries. His book How Rich Countries Got Rich … and Why Poor Countries Stay Poor, published in more than 20 languages, was shortlisted by the World Economics Association in 2016 for inclusion among the 10 most important economics books of the last 100 years.

About this Book
The Visionary Realism of German Economics forms a collection of Erik S. Reinert’s essays bringing the more realistic German economic tradition into focus as an alternative to Anglo-Saxon neoclassical mainstream economics. Together the essays form a holistic theory explaining why economic development—by its very nature—is a very uneven process. Herein lie the important policy implications of the volume.

Brief Contents

Introduction 1
Chapter 1 German Economics as Development Economics: From the Thirty Years’ War to World War II 15
Chapter 2 The Role of the State in Economic Growth 37
Chapter 3 A Brief Introduction to Veit Ludwig von Seckendorff (1626– 1692) 95
Chapter 4 Exploring the Genesis of Economic Innovations: The Religious Gestalt- Switch and the Duty to Invent as
Preconditions for Economic Growth (with Arno Daastøl) 107
Chapter 5 Johann Heinrich Gottlob von Justi (1717– 1771): The Life and Times of an Economist Adventurer 163
Chapter 6 Jacob Bielfeld’s “On the Decline of States” (1760) and Its Relevance for Today 203
Chapter 7 Raw Materials in the History of Economic Policy; or, Why List (the Protectionist) and Cobden (the Free Trader) Both Agreed on Free Trade in Corn 243
Chapter 8 Compensation Mechanisms and Targeted Economic Growth: Lessons from the History of Economic Policy 267
Chapter 9 Karl Bücher and the Geographical Dimensions of Techno- Economic Change: Production- Based Economic Theory and the Stages of Economic Development 289
Chapter 10 Austrian Economics and the Other Canon: The Austrians between the Activistic- Idealistic and the Passivistic- Materialistic Traditions of Economics 321
Chapter 11 Nietzsche and the German Historical School of Economics (with Sophus A. Reinert) 365
Chapter 12 Creative Destruction in Economics: Nietzsche, Sombart, Schumpeter (with Hugo Reinert) 385
Chapter 13 Schumpeter in the Context of Two Canons of Economic Thought 413
Chapter 14 The Role of Technology in the Creation of Rich and Poor Nations: Underdevelopment in a Schumpeterian System 431
Chapter 15 Towards an Austro–German Theory of Uneven Economic Development? A Plea for Theorising by Inclusion 457
Chapter 16 The Qualitative Shift in European Integration: Towards Permanent Wage Pressures and a ‘Latin- Americanization’ of Europe? (with Rainer Kattel) 477
Chapter 17 Primitivization of the EU Periphery: The Loss of Relevant Knowledge 513
Chapter 18 Mechanisms of Financial Crises in Growth and Collapse: Hammurabi, Schumpeter, Perez, and Minsky 529
Chapter 19 Full Circle: Economics from Scholasticism through Innovation and Back into Mathematical Scholasticism: Reflections on a 1769 Price Essay: “Why Is It That Economics So Far Has Gained So Few Advantages from Physics and Mathematics?” 555
Chapter 20 Werner Sombart (1863–1941) and the Swan Song of German Economics 569
Index 577