Gustav von Schmoller and Adolph Wagner

Legacy and Lessons for Civil Society and the State

  • Jürgen Backhaus
  • Günther Chaloupek
  • Hans A. Frambach

Part of the The European Heritage in Economics and the Social Sciences book series (EHES, volume 21)

About this book


This book discusses the work of German economists Gustav von Schmoller and Adolph Wagner, its influence on the tradition of German and Austrian economic and social thought, and its implications for the discipline today. Schmoller and Wagner integrated philosophical, historical, sociological and political approaches into the science of economics, focusing specifically on economic development. Schmoller, who is considered the head of the second generation of the German Historical School, argued that general propositions of economic theory had to be based on historical-empirical studies. In contrast, Wagner was a systematologist who preferred to start his investigations into economic problems from abstract principles. Schmoller and Wagner share, however, a common focus on institutions and the role of the state; Wagner favored state policy initiatives, while Schmoller was concerned with the risks of state policy failure. One hundred years after their deaths, the contributions to this book look into their approach, trace the influence of their ideas, and explore the relevance of their thought in a global economy.  This book will be useful for students and scholars interested in socio-economics, the history of economic thought, economic policy, and political science.  


Gustav von Schmoller Adolph Wagner economic theory economic policy institutionalism systemology

Editors and affiliations

  • Jürgen Backhaus
    • 1
  • Günther Chaloupek
    • 2
  • Hans A. Frambach
    • 3
  1. 1.Universität ErfurtStaatswiss. FakultätErfurtGermany
  2. 2.Austrian Chamber of LabourViennaAustria
  3. 3.Department of EconomicsUniversity of WuppertalWuppertalGermany

Bibliographic information

  • DOI
  • Copyright Information Springer International Publishing AG, part of Springer Nature 2018
  • Publisher Name Springer, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-78992-7
  • Online ISBN 978-3-319-78993-4
  • Series Print ISSN 1572-1744
  • Series Online ISSN 2197-5892
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