Carl Menger on the theory of economic history. Reflections from Bulgaria
Carl Menger founded the Austrian School of economics at the end of the 19th century. He rejected some of the main ideas of the German Historical School in his work Investigations into the Method of the Social Sciences with Special Reference to Economics (1881). The submitted paper presents...
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Format: | Article |
Language: | English |
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Economists' Association of Vojvodina
2014-01-01
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Series: | Panoeconomicus |
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Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1406723P.pdf |
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author | Penchev Pencho D. |
author_facet | Penchev Pencho D. |
author_sort | Penchev Pencho D. |
collection | DOAJ |
description | Carl Menger founded the Austrian School of economics at the end of the 19th
century. He rejected some of the main ideas of the German Historical School
in his work Investigations into the Method of the Social Sciences with
Special Reference to Economics (1881). The submitted paper presents the main
implications of the investigations on the theory of economic history with a
special reference to the economic history and history of economic thought of
the Balkans. The emphasis is on the methodological subjectivism, spontaneous
order, rejection of the teleological understanding of the process of economic
development, and the application of mathematical models. These principles
could be used as a theoretical base of the historical research, though they
are widely underestimated in modern economic history. |
first_indexed | 2024-04-12T21:58:14Z |
format | Article |
id | doaj.art-40c451a1b8234707821ea5b03281dbee |
institution | Directory Open Access Journal |
issn | 1452-595X 2217-2386 |
language | English |
last_indexed | 2024-04-12T21:58:14Z |
publishDate | 2014-01-01 |
publisher | Economists' Association of Vojvodina |
record_format | Article |
series | Panoeconomicus |
spelling | doaj.art-40c451a1b8234707821ea5b03281dbee2022-12-22T03:15:14ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862014-01-0161672373810.2298/PAN1406723P1452-595X1406723PCarl Menger on the theory of economic history. Reflections from BulgariaPenchev Pencho D.0University of National and World Economy, Sofia, BulgariaCarl Menger founded the Austrian School of economics at the end of the 19th century. He rejected some of the main ideas of the German Historical School in his work Investigations into the Method of the Social Sciences with Special Reference to Economics (1881). The submitted paper presents the main implications of the investigations on the theory of economic history with a special reference to the economic history and history of economic thought of the Balkans. The emphasis is on the methodological subjectivism, spontaneous order, rejection of the teleological understanding of the process of economic development, and the application of mathematical models. These principles could be used as a theoretical base of the historical research, though they are widely underestimated in modern economic history.http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1406723P.pdfMengerhistorical schooleconomic history |
spellingShingle | Penchev Pencho D. Carl Menger on the theory of economic history. Reflections from Bulgaria Panoeconomicus Menger historical school economic history |
title | Carl Menger on the theory of economic history. Reflections from Bulgaria |
title_full | Carl Menger on the theory of economic history. Reflections from Bulgaria |
title_fullStr | Carl Menger on the theory of economic history. Reflections from Bulgaria |
title_full_unstemmed | Carl Menger on the theory of economic history. Reflections from Bulgaria |
title_short | Carl Menger on the theory of economic history. Reflections from Bulgaria |
title_sort | carl menger on the theory of economic history reflections from bulgaria |
topic | Menger historical school economic history |
url | http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1406723P.pdf |
work_keys_str_mv | AT penchevpenchod carlmengeronthetheoryofeconomichistoryreflectionsfrombulgaria |