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Nationalökonomie und Philosophie

Alfred Amonn · 1961

Nationalökonomie und Philosophie

88 sections
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Alfred Amonn, Nationalökonomie und Philosophie (1961) — Summary

Amonn’s essay is a methodological reflection on the relation between economics and philosophy. It does not offer a technical model of economic behavior, but clarifies the foundations of Nationalökonomie: its object, its scientific status, its use of concepts such as law and value, and its unavoidable relation to ethical judgment. Economics becomes a specialized discipline by isolating economic facts, yet Amonn insists that its deepest questions still arise from broader philosophical reflection on human life, social order, and practical reason.

A central concern is the concept of value. Amonn does not treat valuation merely as a catalogue of approved goods; he asks how valuation itself is structured. This shifts attention from moral assertion to the formal conditions under which economic choices, rankings, and preferences become intelligible.

Das Wesentliche ist nicht, was bewertet wird, sondern wie das, was bewertet wird, bewertet wird.

English translation: What is essential is not what is valued, but how that which is valued is valued.

This formulation allows Amonn to connect economics with philosophy without dissolving economics into moral doctrine. Economic science analyzes ordered relations among wants, means, and choices; philosophy clarifies the presuppositions of such analysis. The point is not that economics should preach values, but that it cannot understand economic action while ignoring the evaluative forms through which action is organized.

Amonn also defines the scientific ambition of economics through the notion of lawlike connection. Science is more than description; it seeks strict relations among facts. Yet economics cannot simply imitate physics, because its phenomena are bound up with purposes, institutions, expectations, and human evaluations.

Unter einem „Gesetz“ bezeichnet man in der Wissenschaft einen strengen, inneren Zusammenhang zwischen zwei Tatsachen kausaler oder funktionaler Natur, zwischen zwei zeitlich aufeinanderfolgenden oder gleichzeitigen Tatsachen.

English translation: By a "law" one designates in science a strict, inner connection between two facts of causal or functional nature, between two facts that are temporally successive or simultaneous.

Economic laws, on this view, are possible where regular causal or functional connections can be identified within economic life. But their validity depends on conceptual clarity and on awareness of the conditions under which human action produces regularities. Amonn’s philosophical method therefore guards economics both against loose moralizing and against a naïve naturalism that would forget the distinctive character of social phenomena.

His treatment of self-interest illustrates this balance. Amonn rejects the assumption that economic egoism is automatically morally corrupt. In market exchange, self-interest can function as a coordinating principle rather than merely as vice. The ethical question is not whether actors pursue their own advantage at all, but how this pursuit is institutionally ordered and normatively constrained.

Der Eigennutz im Wirtschaftsverkehr ist also keineswegs ein ethisch verwerfliches Prinzip.

English translation: Self-interest in economic intercourse is thus by no means an ethically reprehensible principle.

This is not a defense of greed as an ultimate norm. It is an analytic distinction: economics must understand how self-interest operates before moral philosophy or policy can judge its limits. A social order may use self-interest productively while still requiring law, custom, and ethical standards to prevent exploitation or disorder.

The practical culmination of the essay lies in the relation between justice and expediency. Amonn refuses both technocratic efficiency and abstract moral absolutism. Economic arrangements must be judged by normative standards, but they must also be feasible under real social and material constraints.

Es kommt auf eine optimale Kombination von Gerechtigkeit und Zweckmäßigkeit an.

English translation: What matters is an optimal combination of justice and expediency.

This sentence condenses the essay’s anti-utopian realism. Justice remains indispensable, but it cannot be applied as if scarcity, incentives, institutional limits, and conflicting claims did not exist. Conversely, expediency cannot be allowed to become a substitute for justice. The task of economic policy is mediation: to design arrangements that are workable while remaining answerable to ethical judgment.

Amonn’s enduring contribution is this disciplined mediation between philosophical reflection and economic science. He rejects a purely technical economics severed from questions of value, justice, and human purpose; he also rejects a moral philosophy that ignores economic law, scarcity, and institutional feasibility. Nationalökonomie is therefore a science of ordered economic relations, but one whose basic concepts require philosophical clarification and whose applications require ethical evaluation. Its rigor depends not on escaping philosophy, but on knowing precisely where philosophical assumptions enter economic thought.

Sections

This work was divided into 88 sections when it entered the library's research corpus—an apparatus for search and citation, not necessarily the author's own table of contents. Each title opens its summary.

  1. 1Front Matter and Publication Data▾
  2. 2Preface▾
  3. 3Table of Contents▾
  4. 4Introduction: Thematic Overview▾
  5. 5Economics and Psychology▾
  6. 6Economics and Ethics▾
  7. 7Logic, Epistemology, and Economics▾
  8. 8Historical-Philosophical Retrospect: Chapter Opening▾
  9. 9Economy and Philosophy in Antiquity: Plato▾
  10. 10Plato on Money, Production, and the Stratified State▾
  11. 11Aristotle on Economy, Teleology, Wealth, Exchange, and the State▾
  12. 12Cyrenaic and Cynic Social and Economic Philosophy▾
  13. 13Epicurean, Stoic, and Roman Views of Economy and Society▾
  14. 14Early Christian Views of Economy and Spiritual Life▾
  15. 15Early Christian Views on Economy, Church, and Society (Continuation)▾
  16. 16Economy and Philosophy in the Middle Ages▾
  17. 17The Early Modern Transformation▾
  18. 18Niccolò Machiavelli: Political Realism and the Subordination of Economy▾
  19. 19Thomas Morus: Utopia, Communism, and the Social Question▾
  20. 20Jean Bodin: Sovereignty, Family, Geography, and Political Economy▾
  21. 21Hugo Grotius: Natural Law, International Order, Property, and Contract▾
  22. 22Thomas Hobbes: Egoism, Social Contract, State Power, and Economic Security▾
  23. 23Hobbes on Commonwealth Economy, Value, Taxation, and Population▾
  24. 24John Locke on Sensualism, Labor, Money, Taxation, and Property▾
  25. 25David Hume on Political Economy, Luxury, Money, Society, and Property▾
  26. 26Hume on Government, Commerce, Justice, and Equality (continued)▾
  27. 27Quesnay and the Physiocrats: Natural Order, Legal Despotism, and Agricultural Wealth▾
  28. 28Economic-Policy Consequences of Physiocracy▾
  29. 29Quesnay on Protection, Freedom, Self-Interest, and Competition▾
  30. 30Adam Smith: Political Economy, Self-Interest, and the Invisible Hand▾
  31. 31Adam Smith on Individual, State, Economy, Self-Interest, and Public Interest▾
  32. 32John Stuart Mill on Political Economy, Property, Socialism, and Land▾
  33. 33Economic Order: Basic Definitions, Planning, and Economic Calculation▾
  34. 34Ideal Types and Structures of Economic Orders▾
  35. 35Capitalism as an Economic Condition Rather Than an Economic Order▾
  36. 36How Economic Orders Function: Needs, Production Planning, and Socialist Calculation▾
  37. 37Purposefulness of Economic Orders: Prosperity, Welfare, and Freedom▾
  38. 38Summary Assessment of the Market Order▾
  39. 39The Social Market Economy: Concept, Defects of Capitalism, and Building Blocks▾
  40. 40Röpke on the German Social Market Reform and Its Incomplete Realization▾
  41. 41Action Program of the Social Market Economy and Its Ethical-Economic Evaluation▾
  42. 42Object of Economics and the Meaning of Economizing▾
  43. 43The National Economy Viewed from Outside and Inside▾
  44. 44Historical Emergence of the National Economy▾
  45. 45Technical and Social Division of Labor▾
  46. 46Problems of the Modern National Economy▾
  47. 47Economic Science, Theory, Policy, and Specialized Disciplines▾
  48. 48Need, Effective Demand, Income, Prices, and Saving▾
  49. 49Production, Factors of Production, Investment, and Supply▾
  50. 50Prices, Price Formation, Equilibrium, Monopoly, and the Price System▾
  51. 51Income Distribution and Factor Incomes▾
  52. 52Money, Credit, and Currency Order▾
  53. 53Money, Credit, Currency and Exchange Rates▾
  54. 54Inflation and Deflation▾
  55. 55The Price Index and Weighted Consumption Basket▾
  56. 56The Economic Circular Flow: Recurrence of the Same▾
  57. 57Economic Progress, Business Cycles and Crises▾
  58. 58National Economics and Logic: Concept Formation and Definition▾
  59. 59Production Factors, Capital, Production, and Wealth▾
  60. 60The Perspective and Aims of Economics▾
  61. 61Logical-Systematic Construction and Overall Scope of Economic Science▾
  62. 62Economic Statics and Dynamics▾
  63. 63Economic Laws, Quantity Theory, and Definitions of Economy▾
  64. 64Economics and Logic: Critique of Nell-Breuning’s Definition of Economy▾
  65. 65Economics and Psychology: Economic Action as Rational Conduct▾
  66. 66Economic Principle, Self-Interest, Homo Oeconomicus, and Behavioral Research▾
  67. 67Economics and Ethics: Ethical Evaluation of Economic Institutions▾
  68. 68Property and Inheritance▾
  69. 69General Ethical Principles and Postulates▾
  70. 70Justice and Expediency▾
  71. 71Equality and Equality of Opportunity▾
  72. 72Ethical Evaluation of Income Types and Income Distribution▾
  73. 73The Interest Problem in Particular▾
  74. 74Economic Power: Cartels, Trade Unions, and Monopolies▾
  75. 75Monetary Order and Monetary Policy▾
  76. 76Sketch of Monetary Theory: Types, Creation, and Value of Money▾
  77. 77Price, Wage, and Interest Policy: Just Price, Just Wage, and Interest▾
  78. 78The Just Price in Catholic Perspective▾
  79. 79Price Policy and the Just Price: Critique of Nell-Breuning▾
  80. 80Income Distribution Policy and Redistribution▾
  81. 81The Labor Relationship and Labor Contract Policy▾
  82. 82Freedom to Work, Compulsory Work, and the Right to Strike▾
  83. 83Worker Participation and Codetermination in Firms▾
  84. 84The Problem of Unemployment▾
  85. 85The Labor Contract and Collective Agreements▾
  86. 86Capital and Capitalism▾
  87. 87Justice in Taxation▾
  88. 88Appendix: The Just Price in Catholic Thought according to Nell-Breuning▾

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