The Evolution of Economic Thought

This chapter explores the evolution of historical inquiry and its impact on economic theories, emphasizing the contributions of 18th-century German universities. It critiques the oversimplification of the church's role in intellectualism and differentiates between Anglo-Saxon and traditional European methodologies in historical research. The discussion reflects on key figures like Schumpeter and Sombart, elucidating the complex interplay between culture, history, and economics in shaping national and philosophical narratives.