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The Multifaceted Balance of the Concept of Staatswissenschaften in the Tradition of the Historical School
Authors:Helge Peukert
Affiliation:(1) Krupp Chair in Public Finance and Fiscal Sociology, University of Erfurt, Postbox 900 221, 99105 Erfurt, Germany
Abstract:The article critcizes recent contributions which argue that the historical school was neither German, nor historical, nor a school. Instead, the historical school has a pronounced multifaceted basis which is mostly ignored in the recent literature. Some of these multifaceted dimensions are briefly highlighted. Finally, the practical relevance of the approach is discussed by referring to some recent economic policy issues.
Keywords:historical school  old and new institutional economics
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