Description
Book SynopsisThe historical schools of economics have been neglected within the arena of economic theory since the Second World War in favour of the now-dominant classical and neoclassical schools of economic thought. ‘Torkel Aschehoug and Norwegian Economic Thought’ offers a revaluation of the historical-empirical approach to economics that the Norwegian legal theorist and politician Aschehoug became renowned for during the last decades of the nineteenth century up to his death in 1909.
Fasting approaches Aschehoug’s economic thought in relation to his Norwegian colleagues, as well as the dominant international economists of the time. This comparison shows a theoretical affiliation with Gustav von Schmoller, in particular, through Aschehoug’s major work ‘Socialøkonomik’, as well as British economist Alfred Marshall’s marginal theory.
Fasting blends a historical account of the dominant economic models of
Table of Contents
Acknowledgements; Chapter 1: Introduction; Chapter 2: Biography; Chapter 3: Norwegian Economic and Political Context in the Nineteenth Century; Chapter 4: Norwegian Economic Thought and Method; Chapter 5: Development of the Economic Thought of Aschehoug: Statsøkonomisk Forening and the ‘Socialøkonomik’ Project; Chapter 6: The German Historical School: Similarities, Influences and Discrepancies; Chapter 7: Alfred Marshall: Aschehoug and the Adoption of Marginal Theory; Chapter 8: The French Influence: Adopting Say and Refuting Socialism; Chapter 9: Views of Labour in the Work of Aschehoug; Chapter 10: The Entrepreneur: The Fourth Production Factor; Chapter 11: Trade and Customs Debates from 1840 to 1906 165;Chapter 12: The Theory of Economic Crises; Chapter 13: The Legacy of Aschehoug: Concluding Remarks; Appendix A: Other Norwegian Turn-of-the-Century Economists; Appendix B: Drafts for ‘Socialøkonomik’; Appendix C: Detailed Contents of ‘Socialøkonomik’ (First Editions from 1903 to 1908); Notes; Literature; Index
