Karlheinz Muhr Library

The Complete “Austrian School of Economics” Collection


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2,793 works, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.

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1–12 of 22 matches · 2,793 works totalPage 1 of 2; every summary opens into its work.
  1. 1887
    [Rezension zu] Alexander v. Hegedüs: Der lateinische Münzbund 1865–1885

    [Rezension zu] Alexander v. Hegedüs: Der lateinische Münzbund 1865–1885

    Robert Zuckerkandl · 1 sections

    A French five-franc piece could be legal tender in France without having that status in Belgium or Switzerland: this distinction anchors one of Robert Zuckerkandl’s objections to Alexander v. Hegedüs’s account of the Latin Monetary Union. In this 1887 review of the address in German translation, Zuckerkandl tests a monetary conference participant’s authority against treaty provisions, price movements and technical vocabulary. His criticism is concrete: confusing silver subsidiary coinage with full-value silver currency changes what an agreement appears to require; treating subsequent minting as a necessary consequence of the union substitutes assertion for explanation. This brief, sharply adverse review shows how seemingly narrow errors of terminology and chronology can undermine a monetary history, without attempting to supply a replacement history of its own.

  2. 1889
    Zur Theorie des Preises mit besonderer Berücksichtigung der geschichtlichen Entwicklung der Lehre

    Zur Theorie des Preises mit besonderer Berücksichtigung der geschichtlichen Entwicklung der Lehre

    Robert Zuckerkandl · 58 sections

    No single formula can explain how prices form: that conviction drives Zuckerkandl's sweeping doctrinal history of value and price. It marches from medieval just-price jurisprudence through Davanzati, Galiani, and Turgot to the English classicals and finally to Menger, whose account of value as conscious dependence on concrete goods, and Wieser's Grenznutzen, he adopts as the decisive advance. He is relentless with the mechanical theories: Locke's quantity-and-vent doctrine, Ricardo's and Marx's labor theories, and the cost-of-production law that collapses, he shows, into the tautology that price equals wages plus profit. On that critical ground he builds his own subjective theory of price, grounded in marginal valuation and the meeting of buyer and seller schedules on organized markets.

    So kommt die moderne englische Nationalökonomie zu ihrem Preisgesetz: der normale Preis tendiert nach den Produktionskosten, d. h. er sucht sich dem Arbeitslohn plus Gewinn gleichzusetzen.

    English translation: “Thus modern English political economy arrives at its law of price: the normal price tends toward the costs of production, that is, it seeks to equate itself with wages plus profit.”

  3. 1890
    Die klassische Werttheorie und die Theorie vom Grenznutzen

    Die klassische Werttheorie und die Theorie vom Grenznutzen

    Robert Zuckerkandl · 1 sections

    A good may be reproducible without its buyer being able to reproduce it. This distinction sharpens Robert Zuckerkandl’s reply to Dietzel’s defence of classical value theory: whose alternatives matter when value is assigned? Defending Menger, Zuckerkandl argues that replacement costs do not constitute a separate principle of valuation; they matter through the satisfactions or effort sacrificed in replacing a loss. His focus on buyers under the division of labour exposes the limits of reasoning from an isolated, self-sufficient household. The article also presses a methodological challenge: observing that prices tend towards production costs is not yet explaining how prices arise. Readers can discover here a concrete marginal-utility critique of cost-based explanation—one that accepts the cost-price relationship while disputing its explanatory independence.

  4. 1890
    Schlettwein, Johann August

    Schlettwein, Johann August

    Robert Zuckerkandl · 5 sections

    In three Baden villages, physiocracy’s promise of a “natural order” became a practical problem: replacing existing levies with a single tax on the net produce of land. Robert Zuckerkandl’s biographical article places Johann August Schlettwein at this meeting point of economic doctrine and administration. Its interest lies in the distance between theoretical originality and the independence required to pursue reform. Zuckerkandl criticizes Schlettwein’s confidence in universal economic axioms and the inconsistencies of his emphasis on population and subsistence, yet credits his willingness to challenge established policy. This qualified portrait shows why a thinker later overshadowed by Adam Smith and the French physiocrats merits attention as a teacher, public advocate, and practitioner of economic change.

  5. 1891
    A. Marshall’s „Principles of Economics“

    A. Marshall’s „Principles of Economics“

    Robert Zuckerkandl · 1 sections

    Explaining where prices tend is not necessarily explaining how they arise. This distinction anchors Robert Zuckerkandl’s 1891 review of the first volume of Alfred Marshall’s Principles of Economics. He admires Marshall’s reconstruction of classical economics, especially his account of how industrial organization can lower costs as production expands. Yet he questions whether normal equilibrium explains the levels of wages, interest, and entrepreneurial earnings, rather than merely describing their mutual adjustment. His criticism brings English normal-price analysis into contact with approaches emphasizing the psychological foundations and formation of individual prices. Readers encounter an appreciative but exacting assessment of Marshall’s synthesis, in which the distinction between a position of rest and a process of price formation carries substantive explanatory stakes.

  6. 1892
    Beitrag zur Dogmen-Geschichte der Schutzzollidee

    Beitrag zur Dogmen-Geschichte der Schutzzollidee

    Robert Zuckerkandl · 5 sections

    Can an argument matter to economic thought even when it fails to change anyone’s mind? Robert Zuckerkandl’s 1892 article recovers Moriz Julius Fränzl’s neglected 1834 treatment of tariffs without reducing Friedrich List’s achievement to a question of priority. At stake is a concrete objection to protection: does it merely divert existing capital into less profitable uses, or can it bring idle labour, raw materials, and undeveloped skills into production? Zuckerkandl examines how Fränzl and List answered that objection, distinguishing temporary industrial education from permanent insulation against competition. His comparison also exposes a striking tension: Fränzl met resistance from Smithian Austrian academics despite Austria’s restrictive commercial regime. The article separates three things easily conflated in histories of economics—being first, explaining more, and winning a public hearing.

  7. 1892
    Litteratur zur Währungsfrage

    Litteratur zur Währungsfrage

    Robert Zuckerkandl · 7 sections

    What should determine the gold value of a gulden when its purchasing power no longer tracks the silver it contains? In this 1892 review of official publications prepared for Austria-Hungary’s currency deliberations, Robert Zuckerkandl tests the evidence behind monetary reform. He welcomes the statistical compilations but exposes the limits of their apparent precision: combined gold and silver totals conceal discrepancies, while an export surplus may service foreign debt rather than accumulate wealth. His distinctive concern is how monetary institutions and international obligations shape the meaning of the figures. By distinguishing traded from local goods, wholesale from retail prices, and wages from both, he shows why choosing a conversion rate requires more than a calculation of metallic content—and why its consequences cannot be read from aggregate prices alone.

  8. 1892
    Stenographische Protokolle über die vom 8. bis 17. März abgehaltenen Sitzungen der nach Wien einberufenen Währungs-Enquete-Kommission

    Stenographische Protokolle über die vom 8. bis 17. März abgehaltenen Sitzungen der nach Wien einberufenen Währungs-Enquete-Kommission

    Robert Zuckerkandl · 1 sections

    Agreement on gold did not mean agreement on how to reach it. In this short 1892 review of the Vienna currency inquiry’s proceedings, Robert Zuckerkandl singles out the dispute over converting existing gulden into gold: when should the rate be fixed, and which price should govern it? His account distinguishes near-unanimity on the monetary standard from unresolved choices about transition. It also preserves an important procedural limit: the experts spoke and debated but did not vote, so any majority on contested questions remained conjectural. Declining a detailed verdict as legislation approached, Zuckerkandl values the inquiry as material for judging reform rather than as a binding decision. The review offers a compact view of what expert consultation clarified—and what it left unsettled.

  9. 1893
    Die bimetallistische Bewegung in England

    Die bimetallistische Bewegung in England

    Robert Zuckerkandl · 5 sections

    English exporters wanted stable exchange rates; farmers wanted relief from falling prices. Both supported international bimetallism, but would the same monetary reform serve them? In this 1893 article, Robert Zuckerkandl examines the coalition behind the movement as India ends free silver coinage. Drawing on deputations, trade figures, and evidence of industrial distress, he takes cotton manufacturers’ grievances seriously without accepting their claim that silver depreciation gives Indian competitors a lasting advantage. His treatment of agriculture makes a parallel distinction: falling wheat prices need not prove monetary scarcity to burden farmers whose rents and debts remain fixed. The article offers a concrete account of how different economic injuries sustain a common political demand—and why exchange stabilization might satisfy one constituency while leaving another’s difficulties untouched.

  10. 1893
    Springer, Johann Christoph Erich

    Springer, Johann Christoph Erich

    Robert Zuckerkandl · 3 sections

    A busy career in law, government, and university teaching need not secure a lasting intellectual reputation. In this brief biographical article for the Allgemeine Deutsche Biographie, Robert Zuckerkandl contrasts Johann Christoph Erich Springer’s apparent practical abilities with what he judges the slight scholarly legacy of his prolific writings. The sharpest point concerns Springer’s place among German physiocrats: Zuckerkandl traces that affiliation to favorable remarks in economic tables published in 1771, then notes the reservations Springer added in 1780. The entry offers a compact case in the limits of intellectual labels, distinguishing praise for a doctrine from a substantial contribution to it.

  11. 1894
    Die Währungsänderung in Britisch-Indien

    Die Währungsänderung in Britisch-Indien

    Robert Zuckerkandl · 8 sections

    On 26 June 1893, British India closed its mints to the free coinage of silver, an event Zuckerkandl ranks among the greatest in monetary history since 1871. His essay dissects the reasoning behind severing the rupee from silver: the sharp fluctuation of the silver rupee against gold, the budgetary havoc it wrought on a state owing large annual gold sums in London, and the collapse of the international bimetallism that had been India's preferred remedy. Following Sir David Barbour's plan and the resulting restricted currency, closer to Austria-Hungary's inconvertible system than to a full gold standard, he weighs the early results and finds them mostly adverse: silver fell further, the old exchange stability with the East Asian silver regions broke, and the rupee held up only through artificial restriction of the government's drafts.

    Jede Währungsänderung ist ein Experiment; handelt es sich aber um ein solches auf einem so grossen und eigenartigen Wirtschaftsgebiete wie Indien, so ist es nur um so richtiger, erst nach den Ergebnissen eines längeren Wirkens der neuen Maassnahmen zu urtheilen.

    English translation: “Every change of currency is an experiment; but where it concerns one on so large and peculiar an economic territory as India, it is all the more correct to judge only after the results of a longer operation of the new measures.”

  12. 1894
    Thünen, Johann Heinrich von

    Thünen, Johann Heinrich von

    Robert Zuckerkandl · 7 sections

    An estate’s accounts could test an economic model—but could an imagined frontier establish a just wage? In this 1894 biographical article for the Allgemeine Deutsche Biographie, Robert Zuckerkandl connects Thünen’s agricultural practice at Tellow with his theoretical discoveries, while separating analytical achievement from social aspiration. He locates Thünen’s originality less in the familiar advantages of proximity to market than in explaining how prices, transport costs, and perishability shape cultivation. His judgement of the “natural” wage is sharper: an argument premised on workers’ access to free land cannot settle wages where that alternative is absent. Yet he finds lasting insights into labor and capital within the unsuccessful construction. The article offers a compact example of economic criticism that neither dismisses a thinker’s discoveries because of a failed conclusion nor accepts that conclusion out of admiration.

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