{"title":"Looking Back to the Future: Time Strata and Economic Analysis","authors":"Michael Hüther","doi":"10.3790/schm.138.2.89","DOIUrl":"https://doi.org/10.3790/schm.138.2.89","url":null,"abstract":"Abstract\u0000 In mainstream economics cultural differences, habits and mind-sets are considered to be reflected in the institutional setting. To reintroduce historical time, we combine the concept of path dependency with the concept of time strata; instead of explaining a fact isolated from its historical conditionality, the perspective moves from a contemporary phenomenon to several paths incorporated in it and questions their time-differentiated interlocking, mutual influence and conditioning. At the same time, the direction of the perspective changes: the path is analysed from today to yesterday. We use this approach to explain the particular current economic situation in Germany: namely, the strength in manufacturing and in global exports.\u0000 JEL Codes: B5, N0, O1","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78297810","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Fitting by Adjusting: A Field Study of Tanzanian and Ugandan Development Consultants Promoting Institutional Change","authors":"Pia Becker","doi":"10.3790/schm.138.2.117","DOIUrl":"https://doi.org/10.3790/schm.138.2.117","url":null,"abstract":"Abstract\u0000 This paper investigates the role of local development consultants, which are described as cultural interpreters, in promoting institutional reforms in Tanzania and Uganda. The empirical analysis seeks to answer the question how cultural interpreters translate new formal institutions into a specific context. The results show that they adapt their training\u0000programs to the specific context in order to ensure successful implementation. Furthermore, they have to consider how the participants of the training perceive the newly introduced institutions. The way in which they communicate with the participants is a central factor to ensure the application of new concepts.\u0000 JEL Codes: O22, O17, B59","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77542150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Philosophy of Social Market Economy: Michel Foucault’s Analysis of Ordoliberalism","authors":"Nils Goldschmidt, H. Rauchenschwandtner","doi":"10.3790/SCHM.138.2.157","DOIUrl":"https://doi.org/10.3790/SCHM.138.2.157","url":null,"abstract":"Abstract\u0000 Michel Foucault’s lectures at the Collège de France in 1978–1979 centered on the analysis of power with regard to liberalism. Foucault especially focused on German ordoliberalism and its specific governmentality. Although Foucault’s review of the ordoliberal texts, programs, and books is very accurate there are some occasional “schematic” simplifications. Our article evaluates Foucault’s constitution of an ordoliberal “archive,” though more emphasis is placed on the general importance of the phenomenological orientation in Walter Eucken’s work. Hence, three tasks guide our paper: first, an analysis of Foucault’s position; second, the phenomenological foundation of ordoliberal discourse compared to 18th century liberal discourse, i.e. the way in which Walter Eucken received Husserl. Third, our article raises the subject of the mutual historical-epistemological complementation of philosophy and economics by taking Foucault’s analysis as the starting point. Furthermore, the consequences of a phenomenological, i.e. “eidetic” order of the economy, is discussed, focusing mainly on the expansion of competition in social domains.\u0000 JEL Codes: B20, B29, B40","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86520287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Many Roads Lead to Rome – the State of European Integration","authors":"Werner Abelshauser","doi":"10.3790/schm.138.2.143","DOIUrl":"https://doi.org/10.3790/schm.138.2.143","url":null,"abstract":"Abstract\u0000 The ongoing crisis in the euro zone raises the question of whether the previously chosen path of European integration is likely to spur internal and external competitiveness and capability of action. In economic terms, it is about a strategy that does justice to the uniqueness of the landscape of European markets. Its special feature is that Europe – in\u0000contrast to North America – has developed diverse economic cultures historically whose qualities match the requirements of distinct markets and whose set of institutions are functional. An adequate European economic policy has to acknowledge these cultures and develop strategies to improve their individual effectiveness, i.e. comparative institutional\u0000advantage. This productive governance (Ordnungspolitik of the visible hand) is in stark contrast to a policy of harmonization that emanates from the idea of uniform market conditions. The attempt to integrate Europe on the basis of a “multi-speed” model has failed. The essential task now is to take into account the diversity of economic cultures\u0000in Europe and to unite the continent along a variety of paths. What the EU needs are rules and strategies that create unity in diversity, realizing its official motto: united in diversity. What Europe needs is an integration strategy on several paths – not only at several speeds.\u0000 JEL Codes: F15, F53","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86520096","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Complexity of Economies and Pluralism in Economics","authors":"Claudius Graebner","doi":"10.3790/JCE.137.3.193","DOIUrl":"https://doi.org/10.3790/JCE.137.3.193","url":null,"abstract":"From the two premises that (1) economies are complex systems and (2) the accumulation of knowledge about reality is desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold than monism. To substantiate this claim I discuss an epistemological framework of how scholars study their objects of inquiry and relate their models to reality. Furthermore, I argue that given the current institutions of our scientific system, economics self-organizes towards a state of scientific unity. Since such a state is epistemologically inferior to a state of plurality, critical intervention is desirable.","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81604218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ludwig M. Lachmann: Last Member of the German Historical School","authors":"Hans L. Eicholz","doi":"10.3790/JCE.137.3.227","DOIUrl":"https://doi.org/10.3790/JCE.137.3.227","url":null,"abstract":"From the two premises that (1) economies are complex systems and (2) the accumulation of knowledge about reality is desirable, I derive the conclusion that pluralism with regard to economic research programs is a more viable position to hold than monism. To substantiate this claim an epistemological framework of how scholars study their objects of inquiry and relate their models to reality is discussed. Furthermore, it is argued that given the current institutions of our scientific system, economics self-organizes towards a state of scientific unity. Since such a state is epistemologically inferior to a state of plurality, critical intervention is desirable.","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82389839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Hayek, Rawls, and Schmoller Reconciled? Justice, Institutions and the Invisible Hand","authors":"Richard Sturn","doi":"10.3790/SCHM.136.4.377","DOIUrl":"https://doi.org/10.3790/SCHM.136.4.377","url":null,"abstract":"","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84179639","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Bringing Schmoller to America: Notes on the Translation of “The Idea of Justice in Political Economy”","authors":"Mark McAdam, Matthias Störring","doi":"10.3790/SCHM.136.4.361","DOIUrl":"https://doi.org/10.3790/SCHM.136.4.361","url":null,"abstract":"We examine the historical background of the translation and subsequent publication of Gustav Schmoller’s “The Idea of Justice in Political Economy” in the Annals of the American Academy of Political and Social Science. The first of Schmoller’s writings which was translated into English, we use archival correspondence - predominantly between one of the translators, Ernst von Halle, and Schmoller - to reconstruct the proceedings leading to its appearance in February 1894. In a further step, we highlight the role that the British economic historian William J. Ashley played in contributing to additional translations of Schmoller’s work. Finally, we engage in the debate as to why comparatively little of Schmoller’s work has been translated into English and suggest that in addition to historical dynamics related to World War I leading to the breakdown of ties between Germany and America, there were also very personal reasons - especially for both von Halle and Ashley - not to work together with the American Academy of Political and Social Science.","PeriodicalId":36775,"journal":{"name":"Journal of Contextual Economics-Schmollers Jahrbuch","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83502978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}