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The 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. As alternative frameworks re-emerge, this book offers a revaluation of the legal theorist, economist and politician Torkel Aschehoug (1822–1909) and his historical-empirical approach to economics, a highly influential current in Norway during the last decades of the nineteenth century.
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