The theory of ethical economy in the historical school Wilhelm Roscher, Lorenz von Stein, Gustav Schmoller, Wilhelm Dilthey and contemporary theory ; with 2 tables

The Historical School of Economics develops a historical theory of the economy and of business ethics. It investigates the ethical and cultural determinants of economic behaviour and economic institutions and forms an ethical and cultural theory of economics and business and the origin what, in the present, is called "institutional economics". Being one of the first comprehensive studies in the English language of the German "Historical and Ethical School of Economics", the book presents the theory from Wilhelm Roscher to Gustav Schmoller, the foundations of historism and the humanities of Wilhelm Dilthey and their present relevance. It also makes visible which impact the Historical School has for the foundations of contemporary business ethics and the cultural theory of the economy. Front Matter....Pages I-XI Economics as Ethical Economy in the Tradition of the Historical School Introduction....Pages 1-11 Front Matter....Pages 13-13 Intention and Failure of W. Roscher’s Historical Method of National Economics....Pages 15-38 “Personality” as a Principle of Individual and Institutional Development Lorenz von Stein’s Institutional Theory of a “Labour-Society”....Pages 39-53 Front Matter....Pages 55-55 A Methodological Appraisal of Schmoller’s Research Program....Pages 57-80 The Role of Ethics as Part of the Historical Methods of Schmoller and the Older Historical School....Pages 81-105 Front Matter....Pages 107-107 Dilthey’s “Verstehen” Sociology, Philosophy of Culture, and Ethics....Pages 109-125 Front Matter....Pages 127-127 Historism and Liberalism in Italy....Pages 129-151 Historism and Liberalism in Japan....Pages 152-170 Front Matter....Pages 171-171 Institutional Economics, Management Science and the Historical School....Pages 173-205 In Search of a Theory Gustav Schmoller on Economic Justice: A Guide to Present Problems in Business Ethics?....Pages 206-220 Theoretical Approaches to a Comparison of Economic Systems from a Historical Perspective....Pages 221-249 Confucian Culture and Economic Development in East Asia....Pages 250-266 Communitarianism, Pragmatism, Historicism....Pages 267-285 Is Postmodernism a Neohistorism? On the Absoluteness and the Historicity of History....Pages 286-312 Historism in the German Tradition of Social and Economic Thought or What Is Living and What Is Dead in Historism....Pages 313-334 Back Matter....Pages 335-343 The present volume seeks to inaugurate a new discussion of two schools of historical thought by social scientists, economists, and phi losophers in the English language. The tradition of the "Historical and Ethical School of Economics" established by Friedrich List, Wilhelm Roscher, and Gustav Schmollerand the tradition of historism in the hu manities represented by Wilhelm Dilthey are examined not so much for their own historical interest as for their potential systematic contribu tion to the contemporary debates on business ethics, economics, sociol ogy, and philosophy. The book contains the proceedings of the 1994 SEEP-Conference on Economics and Ethics held under the title "Economics and Ethics in the Historical School of Economics. Achievements and Present Relevance. Part A: The Older Historical School, Schmoller, Dilthey, and Others" with the financial support of the Fritz Thyssen Stiftung, Cologne, at Kloster Marlenrode near Hitdesheim and Hannover, Gennany, on March 23rd to 27th, 1994. The SEEP-Conferences on Economics and Ethics are organised an nually by the editor and the editorial board of Studies in Economic Ethics and Philosophy (SEEP). The 1994 SEEP-Conference was the frrst of two conferences on the Historical School and will be followed by a conference in 1996 on the topic "Economics and Ethics in the His torical School of Economics. Achievements and Present Relevance. Part B: Heinrich Rickert, Max Weber, Werner Sombart, and Others", concen trating on the discussion in the 20th century Describes how economists and theorists have attempted to develop an historical theory of both the economy and business ethics. The monograph investigates the ethical and cultural factors of economic institutions, and forms a theory of the origin of institutional economics.