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German Economics in the Early 19th Century

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The New Palgrave Dictionary of Economics

Abstract

During the 18th century ‘cameralism’ became a recognized part of the introductory curriculum of (mainly northern, Protestant) German universities. The French Revolution, the Napoleonic occupation, and Kant’s new Critical Philosophy together swept established doctrine aside during the final decade of the century, allowing a reoccupation of the university curriculum by ‘modern economics’. Jean-Baptiste Say had more direct influence on this than Adam Smith’s Wealth of Nations. When combined with a post-Critical emphasis on human needs, this directed German writings away from the English emphasis on value and distribution and laid the foundation for a new ‘marginalist’ economics in the 1870s.

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Tribe, K. (2018). German Economics in the Early 19th Century. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2080

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