Torkel Aschehoug and Norwegian Historical Economic Thought: Reconsidering a Forgotten Norwegian Pioneer EconomistThe 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. ‘Torkel Aschehoug and Norwegian Economic Thought’ offers a revaluation of the historical-empirical approach to economics that the Norwegian legal theorist and politician Aschehoug became renowned for during the last decades of the nineteenth century up to his death in 1909. Fasting approaches Aschehoug’s economic thought in relation to his Norwegian colleagues, as well as the dominant international economists of the time. This comparison shows a theoretical affiliation with Gustav von Schmoller, in particular, through Aschehoug’s major work ‘Socialøkonomik’, as well as British economist Alfred Marshall’s marginal theory. Fasting blends a historical account of the dominant economic models of the late 1800s with a review of contemporary theory through recent economic crises. This work argues that Aschehoug’s ‘Socialøkonomik’ is strikingly relevant to a present-day readership, revealing itself as a work which offers real insight into the reasons for economic collapse. |
Contents
| 1 | |
| 11 | |
Chapter 3 NORWEGIAN ECONOMIC AND POLITICAL CONTEXT IN THE NINETEENTH CENTURY | 27 |
Chapter 4 NORWEGIAN ECONOMIC THOUGHT AND METHOD | 51 |
Chapter 5 DEVELOPMENT OF THE ECONOMIC THOUGHT OF ASCHEHOUG STATSØKONOMISK FORENING AND THE SOCIALØKONOM... | 67 |
Chapter 6 THE GERMAN HISTORICAL SCHOOL SIMILARITIES INFLUENCES AND DISCREPANCIES | 79 |
Chapter 7 ALFRED MARSHAL ASCHEHOUG AND THE ADOPTION OF MARGINAL THEORY | 103 |
Chapter 8 THE FRENCH INFLUENCE ADOPTING SAY AND REFUTING SOCIALISM | 121 |
Chapter 11 TRADE AND CUSTOMS DEBATES FROM 1840 TO 1906 | 165 |
Chapter 12 THE THEORY OF ECONOMIC CRISES | 177 |
Chapter 13 THE LEGACY OF ASCHEHOUG CONCLUDING REMARKS | 185 |
Appendix A OTHER NORWEGIAN TURNOFTHE CENTURY ECONOMISTS | 189 |
Appendix B DRAFTS FOR SOCIALØKONOMIK | 195 |
Appendix C DETAILED CONTENTS OF SOCIALØKONOMIK FIRST EDITIONS FROM 1903 TO 1908 | 197 |
NOTES | 201 |
LITERATURE | 253 |