German Fears in Economic Modelling

For Expo 58, the first World’s Fair after WWII, Wilhelm Krelle constructed a simulator of the economic circular flow—one of the material manifestations of the distinction between economic goals and the mechanics bringing them about that informed the mentality of many neo-Keynesian economists after W...

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Main Author: Till Düppe
Format: Article
Language:English
Published: Association Œconomia 2022-03-01
Series:Œconomia
Subjects:
Online Access:http://journals.openedition.org/oeconomia/12457
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author Till Düppe
author_facet Till Düppe
author_sort Till Düppe
collection DOAJ
description For Expo 58, the first World’s Fair after WWII, Wilhelm Krelle constructed a simulator of the economic circular flow—one of the material manifestations of the distinction between economic goals and the mechanics bringing them about that informed the mentality of many neo-Keynesian economists after WWII. In this article, I present a cultural genealogy of this mentality through the unusual career path of Wilhelm Krelle, a genealogy that reveals a deeply German experience. In contrast to the opposition between economic reasoning and the normative sphere, I show how Krelle’s preference for mechanical economic modelling was nourished by Prussian values of militarism, nationalism, and the Protestant faith.
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spelling doaj.art-fcc170160ab4498db925b68a1c037fc72022-12-22T02:32:23ZengAssociation ŒconomiaŒconomia2113-52072269-84502022-03-0112112610.4000/oeconomia.12457German Fears in Economic ModellingTill DüppeFor Expo 58, the first World’s Fair after WWII, Wilhelm Krelle constructed a simulator of the economic circular flow—one of the material manifestations of the distinction between economic goals and the mechanics bringing them about that informed the mentality of many neo-Keynesian economists after WWII. In this article, I present a cultural genealogy of this mentality through the unusual career path of Wilhelm Krelle, a genealogy that reveals a deeply German experience. In contrast to the opposition between economic reasoning and the normative sphere, I show how Krelle’s preference for mechanical economic modelling was nourished by Prussian values of militarism, nationalism, and the Protestant faith.http://journals.openedition.org/oeconomia/12457Neo-Keynesian economicsnormative-positive divideWorld War IIGerman economicsKrelle (Wilhelm)
spellingShingle Till Düppe
German Fears in Economic Modelling
Œconomia
Neo-Keynesian economics
normative-positive divide
World War II
German economics
Krelle (Wilhelm)
title German Fears in Economic Modelling
title_full German Fears in Economic Modelling
title_fullStr German Fears in Economic Modelling
title_full_unstemmed German Fears in Economic Modelling
title_short German Fears in Economic Modelling
title_sort german fears in economic modelling
topic Neo-Keynesian economics
normative-positive divide
World War II
German economics
Krelle (Wilhelm)
url http://journals.openedition.org/oeconomia/12457
work_keys_str_mv AT tillduppe germanfearsineconomicmodelling