Independents in the School’s Second Generation

Abstract

Two outstanding members of the second generation of the Historical School I call “independents”: Karl Bücher and Eugen Philippovich. The arguments for this I mentioned in the last section of Chapter 3. On the one hand, just like Schmoller, these members accepted Roscher’s patrimony. On the other hand, in various respects they distanced themselves from Schmoller and his disciples. Like Roscher, they aimed at a synthesis with deductive economics. Schmoller, however, was inclined to stress the methodological contrast that had developed between the Classicals and the founders of the Historical School.