Book contents
- Frontmatter
- Contents
- Introduction
- Chapter 1 German Economics as Development Economics: From the Thirty Years' War to World War II
- Chapter 2 The Role of the State in Economic Growth
- Chapter 3 A Brief Introduction to Veit Ludwig von Seckendorff (1626– 1692)
- Chapter 4 Exploring the Genesis of Economic Innovations: The Religious Gestalt-Switch and the Duty to Invent as Preconditions for Economic Growth (with Arno Daastøl)
- Chapter 5 Johann Heinrich Gottlob von Justi (1717– 1771): The Life and Times of an Economist Adventurer
- Chapter 6 Jacob Bielfeld's “On the Decline of States” (1760) and Its Relevance for Today
- Chapter 7 Raw Materials in the History of Economic Policy; or, Why List (the Protectionist) and Cobden (the Free Trader) Both Agreed on Free Trade in Corn
- Chapter 8 Compensation Mechanisms and Targeted Economic Growth: Lessons from the History of Economic Policy
- Chapter 9 Karl Bücher and the Geographical Dimensions of Techno-Economic Change: Production-Based Economic Theory and the Stages of Economic Development
- Chapter 10 Austrian Economics and the Other Canon: The Austrians between the Activistic-Idealistic and the Passivistic-Materialistic Traditions of Economics
- Chapter 11 Nietzsche and the German Historical School of Economics (with Sophus A. Reinert)
- Chapter 12 Creative Destruction in Economics: Nietzsche, Sombart, Schumpeter (with Hugo Reinert)
- Chapter 13 Schumpeter in the Context of Two Canons of Economic Thought
- Chapter 14 The Role of Technology in the Creation of Rich and Poor Nations: Underdevelopment in a Schumpeterian System
- Chapter 15 Towards an Austro–German Theory of Uneven Economic Development? A Plea for Theorising by Inclusion
- Chapter 16 The Qualitative Shift in European Integration: Towards Permanent Wage Pressures and a ‘Latin-Americanization’ of Europe? (with Rainer Kattel)
- Chapter 17 Primitivization of the EU Periphery: The Loss of Relevant Knowledge
- Chapter 18 Mechanisms of Financial Crises in Growth and Collapse: Hammurabi, Schumpeter, Perez, and Minsky
- Chapter 19 Full Circle: Economics from Scholasticism through Innovation and Back into Mathematical Scholasticism: Reflections on a 1769 Price Essay: “Why Is It That Economics So Far Has Gained So Few Advantages from Physics and Mathematics?”
- Chapter 20 Werner Sombart (1863– 1941) and the Swan Song of German Economics
- Index
Chapter 3 - A Brief Introduction to Veit Ludwig von Seckendorff (1626– 1692)
Published online by Cambridge University Press: 30 March 2019
- Frontmatter
- Contents
- Introduction
- Chapter 1 German Economics as Development Economics: From the Thirty Years' War to World War II
- Chapter 2 The Role of the State in Economic Growth
- Chapter 3 A Brief Introduction to Veit Ludwig von Seckendorff (1626– 1692)
- Chapter 4 Exploring the Genesis of Economic Innovations: The Religious Gestalt-Switch and the Duty to Invent as Preconditions for Economic Growth (with Arno Daastøl)
- Chapter 5 Johann Heinrich Gottlob von Justi (1717– 1771): The Life and Times of an Economist Adventurer
- Chapter 6 Jacob Bielfeld's “On the Decline of States” (1760) and Its Relevance for Today
- Chapter 7 Raw Materials in the History of Economic Policy; or, Why List (the Protectionist) and Cobden (the Free Trader) Both Agreed on Free Trade in Corn
- Chapter 8 Compensation Mechanisms and Targeted Economic Growth: Lessons from the History of Economic Policy
- Chapter 9 Karl Bücher and the Geographical Dimensions of Techno-Economic Change: Production-Based Economic Theory and the Stages of Economic Development
- Chapter 10 Austrian Economics and the Other Canon: The Austrians between the Activistic-Idealistic and the Passivistic-Materialistic Traditions of Economics
- Chapter 11 Nietzsche and the German Historical School of Economics (with Sophus A. Reinert)
- Chapter 12 Creative Destruction in Economics: Nietzsche, Sombart, Schumpeter (with Hugo Reinert)
- Chapter 13 Schumpeter in the Context of Two Canons of Economic Thought
- Chapter 14 The Role of Technology in the Creation of Rich and Poor Nations: Underdevelopment in a Schumpeterian System
- Chapter 15 Towards an Austro–German Theory of Uneven Economic Development? A Plea for Theorising by Inclusion
- Chapter 16 The Qualitative Shift in European Integration: Towards Permanent Wage Pressures and a ‘Latin-Americanization’ of Europe? (with Rainer Kattel)
- Chapter 17 Primitivization of the EU Periphery: The Loss of Relevant Knowledge
- Chapter 18 Mechanisms of Financial Crises in Growth and Collapse: Hammurabi, Schumpeter, Perez, and Minsky
- Chapter 19 Full Circle: Economics from Scholasticism through Innovation and Back into Mathematical Scholasticism: Reflections on a 1769 Price Essay: “Why Is It That Economics So Far Has Gained So Few Advantages from Physics and Mathematics?”
- Chapter 20 Werner Sombart (1863– 1941) and the Swan Song of German Economics
- Index
Summary
Abstract
Veit Ludwig von Seckendorff is widely regarded as the ‘founder’ of early economics in Germany, of Cameralism. Having survived the horrors of the Thirty Years’ War and the resulting economic, political, and moral break-down of society, Seckendorff conceived of a holistic science of public administration fit to reconstruct the more than 300 independent German principalities recognized by the Peace of Westphalia. The science he envisioned was both theoretical and practical, covering all the needs of a small principality. The same union of active and contemplative characterizes Seckendorff's own life, as he devoted himself both to administrating the Court of Gotha and the University of Halle, both to write an “owner's handbook” to small principalities and one of the most celebrated defenses of Lutheranism. This introduction will explore how these many facets came together in the figure of Seckendorff, what his main influences were, and how the historical context helped shape his writings.
Keywords: Seckendorff, Veit Ludwig von (1626– 1692), Germany, history of economic thought
JEL Classification: B11, N00
Introduction
Germany has often been referred to as ‘eine verspätete Nation’— a delayed nation— in the historiography of the country. This ‘lateness’, usually thought of in social and political terms, is also reflected in the development of economics and the neighbouring social sciences. The first uniquely German economic tradition, known as cameralism after the Kammer or provincial treasury of German principalities, only emerged after the 1648 Peace of Westphalia with the writings of Veit Ludwig von Seckendorff. Economic and related social sciences developed early in Italy with Giovanni Botero (1588) and Antonio Serra (1613), in France with Barthélemy Laffemas (1598) and Antoine de Montchretien (1615) and in England with writers such as John Hales (1549) and particularly Francis Bacon (1561– 1626). Bacon was the first scientist to create a strong focus on learning and innovation (e.g. his ‘Essay on Innovation’ and ‘Essay on Human Learning’). A similar emphasis on innovation and learning also appears later in the German context, principally in the works of Gottfried Wilhelm Leibniz (1646– 1716) and Christian Wolff (1679– 1754) (Reinert and Daastøl, 1997).
It has been argued that economics did not develop in the rich states and nations as a way to get richer, but rather as a science of imitating the productive structure of the successful nations in laggard areas.
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- The Visionary Realism of German EconomicsFrom the Thirty Years’ War to the Cold War, pp. 95 - 106Publisher: Anthem PressPrint publication year: 2019