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What is the purpose of the economy? To answer this intriguing and fundamental question, this book provides a systematic approach to economic ethics and constructs a relationship between the economy and morality; it expounds theoretical and practical issues of economic philosophy along two dimensions: values and institutions

Cover -- Table of Contents -- Acknowledgements -- Introduction -- 1. Rational Reconstruction of the German Historical School: An Overview -- 2. A Methodological Appraisal of Schmoller's Research Program -- 3. Getting Back Max Weber from Sociology to Economics -- 4. Joseph Schumpeter and the German Historical School -- 5. Instrumentalism in Schumpeter's Economic Methodology -- 6. Schumpeter on Schmoller and Weber: A Methodology of Economic Sociology -- 7. The Origin of the Schumpeterian Research Program: A Chapter Omitted from Schumpeter's Theory of Economic Development -- 8. The Science and Ideology of Schumpeter -- 9. Joseph Schumpeter on the Relationship between Economics and Sociology from the Perspective of Doctrinal History -- 10. Schumpeter's Preface to the Fourth German Edition of The Theory of Economic Development

This volume brings together 11 articles on Gustav von Schmoller, Max Weber, and Joseph Schumpeter. It aims to identify the methodological essence of the German Historical School (GHS) that flourished between the 1840s and the 1930s. Schmoller was a leader of the GHS, and Weber and Schumpeter, while not formally regarded as members of the GHS, are its spiritual successors in that they developed methodologies that helped resolve the controversy in method between history and theory, and in that they each practiced unique economic sociology designed as a synthesis of history and theory. Yuichi Shi

This book is a comprehensive investigation of the work of Joseph Alois Schumpeter (1883–1950), one of the great economists of the twentieth century. In this study, Yuichi Shionoya highlights Schumpeter's methodological views and emphasizes his ideal of a universal social science. Taking on board all aspects of his work, he reconstructs a system which encompasses theory (economic statics, economic dynamics, economic sociology) and metatheory (philosophy of science, history and sociology of science). The originality of Schumpeter's work - which the author calls the two-structure approach to the evolution of mind and society - is examined in the light of the intellectual field in Germany and Austria in the early twentieth century. This book is a major contribution to the history of economic thought

In a departure from the received view on the nature of the works of Marshall and Schumpeter, the contributors explore their themes in terms of an evolutionary vision and method of evolution; social science and evolution; conceptions of evolution; and evolution and capitalism

Introduction /Yuichi Shionoya --1.Rational reconstruction of the German Historical School: an overview /Yuichi Shionoya --2.Adam Muller's 'Agronomische Briefe' /Tetsushi Harada --3.A lecture notebook of Wilhelm Roscher with special reference to his published works /Yukihiro Ikeda --4.Karl Knies's conception of political economy: the logical status of Analogie and Sitte /Jun Kobayashi --5.Lujo Brentano on the compulsory insurance system for workers in Germany /Sachio Kaku --6.Anonymous history in Austrian economic thought: from Carl Menger and Anton Menger to Friedrich von Wieser /Kiichiro Yagi --7.Gustav von Schmoller and Werner Sombart: a contrast in the historico-ethical method and social policy /Shin'ichi Tamura.