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Introduction

  • Jürgen G. Backhaus
Chapter
Part of the The European Heritage in Economics and the Social Sciences book series (EHES, volume 11)

Abstract

History of Economic Thought, what for? Joseph Schumpeter has noted: “Older authors and older views acquire … an importance … [when] the methods of the economic research worker are undergoing a revolutionary change.” In a time of economic crisis, a reflection of the roots of economic theory and methods prevents us from following the wrong path. Leland Yeager has outlined the responsibility of the historian of economic thought as follows:

Keywords

Oral Tradition Economic Thought Wrong Path Political Appointee North American Counterpart 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media, LLC 2012

Authors and Affiliations

  1. 1.Faculty of the Sciences of StateUniversity of ErfurtErfurtGermany

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