by Winterberger
[Introduction: The Generation of 1883]: Winterberger introduces the significant cohort of economists born in 1883 and 1899, focusing specifically on Alfred Amonn and Joseph Alois Schumpeter. He traces their shared educational background in Vienna under professors like Böhm-Bawerk and Wieser, highlighting their early immersion in the Austrian School's marginal utility theory and their rapid ascent to academic prominence. [Alfred Amonn: Life, Academic Career, and Theoretical Contributions]: This section details Alfred Amonn's academic stations from Czernowitz to Tokyo and finally Bern, where he influenced generations of students. Winterberger emphasizes Amonn's 1911 habilitation for resolving the 'Methodenstreit' through logical clarity and discusses his extensive bibliography covering pure theory, the history of dogmas (Sismondi, Ricardo), and Swiss economic policy. [Amonn's Academic Environment and Teaching Style in Bern]: Winterberger describes the 'golden age' of the Bernese faculty, where Amonn worked alongside figures like Fritz Marbach and Hugo Sieber. He contrasts Amonn's rigorous, problem-oriented theory with the 'eclecticism' of the German Historical School, noting Amonn's early advocacy for flexible exchange rates and his critical but open engagement with Keynesian theory. [Joseph Alois Schumpeter: Career and Major Works]: The focus shifts to Schumpeter, tracing his path from Austrian Finance Minister to Harvard professor. Winterberger reviews his monumental contributions, including the theory of the dynamic entrepreneur, 'Business Cycles', and the 'History of Economic Analysis', characterizing him as a universal mind who integrated history, sociology, and mathematics. [Critique of 'Capitalism, Socialism and Democracy']: Winterberger provides a critical analysis of Schumpeter's most famous work, arguing that it lacks the logical precision of Amonn or Hayek. He critiques Schumpeter's 'historical determinism' and his prediction of the inevitable triumph of socialism, attributing this stance to a state of deep depression and an overestimation of socialist efficiency compared to the market economy. [Footnotes]: A collection of 13 footnotes providing bibliographic references and additional commentary on the text, including citations for Otto von Zwiedineck-Südenhorst, Erich Preiser, and personal recollections by Winterberger regarding the University of Bern.
Winterberger introduces the significant cohort of economists born in 1883 and 1899, focusing specifically on Alfred Amonn and Joseph Alois Schumpeter. He traces their shared educational background in Vienna under professors like Böhm-Bawerk and Wieser, highlighting their early immersion in the Austrian School's marginal utility theory and their rapid ascent to academic prominence.
Read full textThis section details Alfred Amonn's academic stations from Czernowitz to Tokyo and finally Bern, where he influenced generations of students. Winterberger emphasizes Amonn's 1911 habilitation for resolving the 'Methodenstreit' through logical clarity and discusses his extensive bibliography covering pure theory, the history of dogmas (Sismondi, Ricardo), and Swiss economic policy.
Read full textWinterberger describes the 'golden age' of the Bernese faculty, where Amonn worked alongside figures like Fritz Marbach and Hugo Sieber. He contrasts Amonn's rigorous, problem-oriented theory with the 'eclecticism' of the German Historical School, noting Amonn's early advocacy for flexible exchange rates and his critical but open engagement with Keynesian theory.
Read full textThe focus shifts to Schumpeter, tracing his path from Austrian Finance Minister to Harvard professor. Winterberger reviews his monumental contributions, including the theory of the dynamic entrepreneur, 'Business Cycles', and the 'History of Economic Analysis', characterizing him as a universal mind who integrated history, sociology, and mathematics.
Read full textWinterberger provides a critical analysis of Schumpeter's most famous work, arguing that it lacks the logical precision of Amonn or Hayek. He critiques Schumpeter's 'historical determinism' and his prediction of the inevitable triumph of socialism, attributing this stance to a state of deep depression and an overestimation of socialist efficiency compared to the market economy.
Read full textA collection of 13 footnotes providing bibliographic references and additional commentary on the text, including citations for Otto von Zwiedineck-Südenhorst, Erich Preiser, and personal recollections by Winterberger regarding the University of Bern.
Read full text