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The article deals with the economic policy concepts of three groups that opposed National Socialism: the so-called Freiburg (Eucken, Lampe, Dietze), the Goerdeler, and the Kreisau Circles (Moltke, Yorck). First, the personal relationships among the members of the circles and their relationship...
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The "lost" seventh chapter to Schumpeter's first edition of The Theory of Economic Development was planned as a synthesis of the results and as presenting the overall configuration of the economy, as the title of the chapter "The economy as a whole" indicates. The article discusses Schumpeter's...
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First, Veblen's distinction between industrial and pecuniary employments with special regard to speculation is introduced. Second, investment banking as a prime example for pecuniary activities is presented. Third, a dominant fundamentalist, market efficiency and a heterodox speculation paradigm...
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This paper argues that Weber's outline and research program is only of limited relevance for present-day economic sociology and heterodox economics because Weber had a rather narrow and static understanding of rationality and the economy. Uncertainty, both as a basic fact of economic life and in...
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