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Die wirtschaftliche Energie. Erster Theil: System der ökonomistischen Methodologie

Julius von Gans-Ludassy · 1893

Die wirtschaftliche Energie. Erster Theil: System der ökonomistischen Methodologie

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Julius von Gans-Ludassy, Die wirtschaftliche Energie, Erster Theil (1893)

This file is a single-author methodological monograph, the first part of a larger system. Its scope is foundational rather than applied: Gans-Ludassy tries to establish an autonomous “ökonomistische Methodologie” for economics as the science of purposive human action. The book opens with an expansive claim that economics must become the organizing science of modern thought:

Die Philosophie der Zukunft ist Oekonomik.

English translation: The philosophy of the future is economics.

This does not mean that economics should remain a branch of philosophy. On the contrary, the work’s first major move is to detach economics from speculative metaphysics and from merely moralized doctrines of welfare. The struggle for existence is reinterpreted psychologically as a struggle over satisfaction, happiness, and purposive striving:

Der Kampf ums Dasein, welcher die Evolution der Lebewesen vermittelt, ist, von seiner psychologischen Seite angesehen, ein Kampf ums Glück.

English translation: The struggle for existence, which mediates the evolution of living beings, is, viewed from its psychological side, a struggle for happiness.

From this premise Gans-Ludassy argues that economics must be autonomous in its principles. A “philosophical economics” is, for him, a contradiction if it means importing alien first principles into economic inquiry:

Eine Oekonomik, welche philosophisch ist, ist demnach eine Pseudoökonomik; eine wissenschaftliche Oekonomik ist vielmehr nur als eine in ihren Principien autonome möglich.

English translation: An economics that is philosophical is accordingly a pseudo-economics; a scientific economics is possible only as one autonomous in its principles.

The middle sections are largely methodological polemic. Gans-Ludassy distinguishes his position from the historical school, from naïve empiricism, and from abstract apriorism. He denies that the newer historical school simply continues evolutionary economics:

Es ist somit ganz falsch, wenn die neuhistorische Schule sich als Fortsetzerin der evolutionistischen betrachtet.

English translation: It is therefore quite mistaken when the neo-historical school regards itself as the continuator of the evolutionist school.

Yet he also refuses to set experience and thought against one another. His “exact-realist” aspiration is analytic, but not anti-empirical: concepts must be clarified, laws formulated, and empirical reality interpreted through them.

Bei tieferer Betrachtung wird sich zeigen, dass Erfahrung und Denken einander nicht feindlich gegenüberstehen, sondern einander vielmehr ergänzen; dies ist dadurch zu erklären, dass sie beide wesensgleich sind.

English translation: On deeper reflection it will emerge that experience and thought do not stand opposed to one another as enemies, but rather complement one another; this is to be explained by the fact that both are essentially of the same nature.

A key conceptual move is his attempt to define economic action through calculation of ends and means. Economic conduct is not merely the possession of goods, the pursuit of wealth, labor, exchange, or traffic; it is purposive comparison of sacrifice and anticipated result:

Er unterwirft die Differenz zwischen dem Werth des Aufwandes und dem Werth desjenigen, das er durch den Aufwand zu erlangen wünscht, einem Calcul und sucht die genannte Differenz zu einer möglichst grossen zu machen.

English translation: He subjects the difference between the value of the outlay and the value of that which he wishes to obtain through the outlay to a calculation, and seeks to make the said difference as large as possible.

The work then turns from general epistemology to the status of laws in economics. Gans-Ludassy separates law, rule, and norm in order to defend the possibility of economic science without reducing it to rigid determinism or loose historical description:

Das Gesetz ist also ein allgemeines Urtheil causalen Inhalts; es hat somit zwei Merkmale, die Allgemeinheit und den Causalnexus.

English translation: The law is therefore a general judgment of causal content; it thus has two marks: generality and the causal nexus.

Rules register regularities that may admit exceptions; laws express causal necessity; norms belong to historical and institutional development. This distinction lets him preserve both development and scientific explanation:

Die Normen entwickeln sich, die Gesetze stehen ausserhalb der Entwicklung; sie sind Urtheile über das sich Entwickelnde.

English translation: Norms develop; laws stand outside development; they are judgments about that which develops.

History therefore has value only when read for lawful development, not as a heap of facts or as a substitute for theory:

Wenn wir an dem Gedanken einer gesetzmäßigen Entwicklung festhalten, so offenbart sich uns der Werth der Geschichte als einer Lehrmeisterin darin, dass sie das Gesetzmäßige in sich birgt.

English translation: If we hold fast to the idea of a lawful development, then the value of history as a teacher reveals itself to us in the fact that it harbors within itself that which is lawful.

The closing movement rejects inherited definitions of economics as too narrow or circular and replaces them with a finalistic definition centered on action, purpose, and “wirtschaftliche Energie.” Economics becomes neither a doctrine of wealth nor a catalog of goods, but a theory of effective purposive conduct:

Die Oekonomik ist daher die Wissenschaft vom Handeln.

English translation: Economics is therefore the science of action.

The book’s relevance lies in this synthesis: evolutionary language, causal law, mass phenomena, historical development, and action-theory are drawn into one methodological project. Gans-Ludassy’s “economic energy” names the capacity of purposive action to organize means toward ends under conditions of calculable sacrifice. The result is an ambitious fin-de-siècle attempt to recast economics as the general science of the purposeful:

Das Ganze aber stellt sich als Wissenschaft vom Zweckmässigen, als Lehre von der wirthschaftlichen Energie dar.

English translation: The whole, however, presents itself as the science of the purposive, as the doctrine of economic energy.

Sections

This work was divided into 179 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. 1Title Page and Library Front Matter▾
  2. 2Preface to the System of Economistic Methodology▾
  3. 3Table of Contents: Chapters on Economics, Philosophy, Methodology, Concepts, Judgment, Causality, and Law▾
  4. 4Table of Contents: Chapter Eight on Lawfulness in Economic Life▾
  5. 5Table of Contents: Chapter Nine on the Economic Law of Development▾
  6. 6Table of Contents: Chapter Ten on the Economic Principle▾
  7. 7Table of Contents: Economic Ideas—Mechanoketic and Biokletic Ideas▾
  8. 8Table of Contents: The Ethoktetical Idea, Ethics, and Forms of Economic Action▾
  9. 9Table of Contents: The Psychoketic Idea▾
  10. 10Table of Contents: Economic Systematics and Opening of Chapter One▾
  11. 11Philosophy in Relation to the Sciences▾
  12. 12The Emergence of Economics from Philosophy▾
  13. 13The Common Origin of Philosophy and Economics in the Problem of Happiness▾
  14. 14The Division of the Happiness Problem▾
  15. 15The Value of Knowledge for Happiness▾
  16. 16The Possibility of Knowledge as a Preliminary Question to Happiness▾
  17. 17Conceptual Structure of the Possibility of Happiness▾
  18. 18Religious and Ancient Doctrines of Happiness▾
  19. 19Christian Immortality, Medieval Soteriology, Bacon, and Spinoza▾
  20. 20Early Modern and Enlightenment Eudaimonism as Egoism and Mutualism▾
  21. 21Kantian, Social-Eudaimonistic, and Empirical Theories of Happiness▾
  22. 22Modern Pessimism and the Problem of Evil▾
  23. 23The Philosophy of Happiness and the Happiness of Philosophy▾
  24. 24Economics Inherits Philosophy's Problem of Relative Happiness▾
  25. 25Economics Replaces Philosophy as Modern Eudaimonology▾
  26. 26Proeconomics as the Methodology of Economic Knowledge▾
  27. 27The Rise of Economic Methodology and the Rationalist Period▾
  28. 28The Empiricist and Evolutionist Historical School▾
  29. 29The Younger Historical School and Hyperbolic Empiricism▾
  30. 30Comparing Older and Newer Historical Methodology▾
  31. 31Empiricist Direction: Neo-Historical School and Methodological Decalogue▾
  32. 32The Exact-Realistic School▾
  33. 33The Exact-Realist Direction as Rational Empiricism▾
  34. 34The Economic Phenomenon▾
  35. 35The Economic Concept▾
  36. 36Formation of Economic Concepts▾
  37. 37Concept and Experience in Economic Methodology▾
  38. 38Concept and Abstraction in Economic Methodology▾
  39. 39Critique of Concepts and Criteria of Truth▾
  40. 40Analysis as Conceptual Method and Rational Empiricism▾
  41. 41Economic Analysis as Substitute for Experiment and the Mill–Menger Problem▾
  42. 42Menger’s Types as Empirical Concepts and Their Relation to History▾
  43. 43Limits of Analysis, Verification, Prediction, and Economic Causality▾
  44. 44Exactness, Mathematical Schemes, and the Practical Aim of Analysis▾
  45. 45Dialectic of Concepts▾
  46. 46Polemics▾
  47. 47Denomination and Terminology▾
  48. 48Definition in Economic Methodology▾
  49. 49Classification, Abstraction, and Logical Division▾
  50. 50Erroneous Concepts: Nature and Sources of Error▾
  51. 51Erroneous Concepts: Historical Relativity, Ignorance, and False Authority▾
  52. 52Erroneous Concepts: Scientific Progress and the Measure of Concepts▾
  53. 53Erroneous Concepts: Productivity, Intellectual Labor, and Commerce▾
  54. 54Erroneous Concepts: Value, Labor, Invention, and National Economy▾
  55. 55Erroneous Concepts: Practical Dangers and the Necessity of Error▾
  56. 56Erroneous Concepts: Truisms, Pseudo-Laws, and the Unfinished State of Economics▾
  57. 57Chapter Six: The Economic Judgment▾
  58. 58Economy as Purposive Mediation and the Problem of Economicity▾
  59. 59Critique of Schönberg’s Definition of Economic Activity▾
  60. 60Origins of Economy, Animal Economy, and Evolutionary Continuity▾
  61. 61Planful Economic Activity and the Principle of Maximum Result▾
  62. 62Definitions of Economy, National Economy, and Isolated Economy▾
  63. 63Transition to the Critical Examination of Economicity▾
  64. 64Economic and Economical: Ambiguity, Terminology, and Conceptual Equivalence▾
  65. 65Phenomenology of Uneconomicality▾
  66. 66Phenomenology of Economicality▾
  67. 67Degree and Measure of Economicality▾
  68. 68The Maximum of Economic Efficiency▾
  69. 69Economicalness and the Economizer▾
  70. 70The Economizer as Acting and Judging Subject▾
  71. 71The Theory of the Economic Man▾
  72. 72Genetic Explanation of the Theory of the Economic Man▾
  73. 73General Critique of the Economic Man▾
  74. 74Special Critique: The Wealth Man▾
  75. 75Special Critique: The Economicalness Man▾
  76. 76Finality and Economy▾
  77. 77Chapter Seven Opening: Economic Inference▾
  78. 78The Simple Causality Inference▾
  79. 79The Causal Relation▾
  80. 80Psychological Causality and the Freedom of the Will▾
  81. 81Economic Causality: Forces, Tendencies, and the Cardinal Questions▾
  82. 82First Two Cardinal Questions of Economic Causality▾
  83. 83Cardinal Questions of Economic Causality and Purposeful Action▾
  84. 84Remote Causal Chains, Conditional Laws, and Interference in Economics▾
  85. 85The Concept of Reciprocal Causation and Its Methodological Stakes▾
  86. 86Formal Analysis of Reciprocal Causation, Causal Correlativity, and Economic Energy▾
  87. 87Mass Phenomena and Reciprocal Causation in Social-Economic Processes▾
  88. 88Opening of the Cumulative Causality Inference▾
  89. 89Induction and the Synthesis of Empiricism and Rationalism▾
  90. 90Hypothesis as an Aid to Induction▾
  91. 91Experiment as Verification of Hypothesis▾
  92. 92Deduction and the Critique of Aprioristic Economics▾
  93. 93The Relation between Inductivism and Deductivism▾
  94. 94The Economic Law: Opening of Chapter Eight▾
  95. 95Natural Law as Sacred Concept and Its Historical Development▾
  96. 96Modern Causal Law, Necessity, and Economic Law▾
  97. 97Criteria, Scope, and Relativity of Scientific Laws▾
  98. 98Mill’s Empirical Laws and the Denial of a Separate Empirical-Law Category▾
  99. 99Rules, False Laws, and the Critique of Inclination Laws▾
  100. 100Economic Inclinations, Anthropomorphism, and Policy Errors▾
  101. 101Law and Rule: Exceptions, Regularities, and Economic Examples▾
  102. 102Exceptions, Mathematical Rules, Coexistence, and the Classification of General Judgments▾
  103. 103Norms, Laws, Necessity, and Final Causality▾
  104. 104The Overlap of Norms and Laws, Social Evolution, and Legal Satzungen▾
  105. 105Origin, Teleology, and Economic Value of Norms▾
  106. 106Lawfulness in Economic Life: Empiricism, Rationalism, and Methodological Synthesis▾
  107. 107Development of Views on the Nature of Economic Laws▾
  108. 108Opposing Doctrines on Economic Laws and the Nomistic Principle▾
  109. 109Content and Scope of Economic Laws▾
  110. 110Exact and Empirical Laws in Economics▾
  111. 111Content and Scope of Economic Rules▾
  112. 112Chapter Nine: The Economic Law of Development and the Concept of Development▾
  113. 113Economic Development: Economy and Economic Thought▾
  114. 114Development of Human Economy▾
  115. 115Development of Economy Through Economic Thinking▾
  116. 116Development of Purposeful Thinking in Economy▾
  117. 117Development of Thinking About the Purposeful▾
  118. 118The Dialectic of Economistic Development▾
  119. 119Smith as Educator of Economistic Thinking▾
  120. 120Method and Scope of Economic Literature History▾
  121. 121Historical Criticism, Period Judgment, and Individuality▾
  122. 122Dogma History: Value, Limits, and Method▾
  123. 123Adam Smith in Dogma History and Rules for the Dogma Historian▾
  124. 124The Development Law▾
  125. 125Economic Development Laws: Causality, Action, and Statutes▾
  126. 126Development in Economic Science: Historical School, Rationalism, and Universal Laws▾
  127. 127The Historical Method and Its Limited Scientific Status▾
  128. 128Limits of Economic History and Critique of Keynes on History and Theory▾
  129. 129The Evolutionist or Actualist Method as Alternative to History▾
  130. 130Comparative Evolutionist Economics from Darwin to Cultural Stages▾
  131. 131Finality, Economic Energy, Prediction, and the Program of Economic Development▾
  132. 132The Economic Principle: Principles, Laws, and Ultimate Unity▾
  133. 133Causality, Maxims, Ideas, and Economic Energy as Principle▾
  134. 134Economic Ideas: Four Heteronomous Unifying Models▾
  135. 135The Mechanoktetical Idea: Economics as Mechanics▾
  136. 136The Bioktetical Idea: Anthropomorphic and Teleological Roots▾
  137. 137Social Harmony as a Developmental Form of the Biokitetic Idea▾
  138. 138The Essence of the Biokitetic Idea▾
  139. 139Refutation of the Biokitetic Idea▾
  140. 140Explanation of the Biokitetic Idea▾
  141. 141Ethokitetic Idea: Possible Theses on Egoism and Altruism▾
  142. 142Economics and Ethics: Division of Authority and Moral Reaction▾
  143. 143Historical Development of Ethical Economics▾
  144. 144Critique of Ethics as a Philosophical Foundation for Economics▾
  145. 145Ethics as Guide of Economics: Imperative Ethics and Kant▾
  146. 146The Meaning of Ought and the Limits of Economic Advice▾
  147. 147Practical Economics, Free Will, and Causal Determination▾
  148. 148Schopenhauer, Quietism, and the Impossibility of Non-Action Ethics▾
  149. 149Empirical and Evolutionary Ethics from Locke to Spencer▾
  150. 150Pragmatic Ethics, Social Psychology, and Economics▾
  151. 151Moral and Economic Value Judgment▾
  152. 152The Egoistic Economy▾
  153. 153Mutualistic and Collectivistic Economy▾
  154. 154Altruistic Economy▾
  155. 155The Basic Forms of Economy and Their Significance for Modern Society▾
  156. 156Economic Action and Critiques of Egoism-Altruism Classifications▾
  157. 157Purposefulness and Economic Energy as the Root of Ethos▾
  158. 158Economic Spirit, Economic Morality, and Business Virtues▾
  159. 159The Finalist and Economistic Development of Ethics▾
  160. 160Ethics as Practical Economics and the Primacy of Economic Value▾
  161. 161The Psychoktetische Idea and the Autonomy of Economics▾
  162. 162Chapter Twelve: The Systematics of Economic Knowledge▾
  163. 163Determining Economics: Critique of Wealth, Utility, Goods, and Labor Definitions▾
  164. 164Economics as Purpose Mediation, Action, Welfare, and Happiness▾
  165. 165Economic Energy, the Scope of Economics, and Economics as Biological Natural Science▾
  166. 166The Rank, Difficulty, and Science Policy of Economics▾
  167. 167Development of Economistic Systematics▾
  168. 168The Division between Theoretical and Practical Economics▾
  169. 169Systematics Based on the Principle of Purposefulness▾
  170. 170Foundations and Main Divisions of Theoretical Economics▾
  171. 171Tasks of the Economic Subdisciplines and Dominant Forms of Purposefulness▾
  172. 172Economics, Sociology, and Historical Schools of Economic Thought▾
  173. 173Practical Economics as Technology and the Basis of Economic Norms▾
  174. 174Boundaries Between Theory, Political Economy, Economic Policy, and Technique▾
  175. 175Limits of Private Economic Doctrine and the Role of Economic Technique▾
  176. 176Economics as an Independent Faculty and the Didactics of Scientific Style▾
  177. 177Denomination of Economics▾
  178. 178Concluding Remarks▾
  179. 179Errata and Library Markings▾

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