Gustav von Schmoller was the leading figure of the Younger German Historical School and the dominant organizer of academic economics in Wilhelmine Germany, holding a chair at the University of Berlin from 1882 and shaping the Verein fur Socialpolitik's program of empirical social and labor research. His 1883 review of Carl Menger's methodological work opened the Methodenstreit, the public dispute over whether economics should proceed by abstract deduction or by inductive historical study, and his multi-volume Grundriss der allgemeinen Volkswirtschaftslehre (1900-1904) remained the school's most complete theoretical statement.
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German Historical School economists, including Schmoller, studied the Markgenossenschaft as a model of pre-modern communal landholding and used it to argue against universal economic laws.
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Additional Source Markgenossenschaft (Wikipedia)
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Source Grundriss der allgemeinen VolkswirtschaftslehreGustav von Schmoller
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1. Grundriss der allgemeinen Volkswirtschaftslehre
Gustav von Schmoller, Duncker & Humblot, 1900
2. Gustav von Schmoller (Wikipedia)
Infobox, Born field
24 June 1838
Infobox, Died field
27 June 1917
In Group: Marxian, Austrian, Historical and Institutional Economists, Lead
Gustav Friedrich (after 1908: von) Schmoller (German: [ˈʃmɔlɐ] ; 24 June 1838-27 June 1917) was the leader of the "younger" German historical school of economics.
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Carl Menger (Wikipedia)
Debated With: Carl Menger, Article textQuote, Debated With: Carl Menger, Article text
The book caused a firestorm of debate, during which members of the historical school of economics began to derisively call Menger and his students the "Austrian school" to emphasize their departure from mainstream German economic thought - the term was specifically used in an unfavourable review by Gustav von Schmoller.
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