TAILIEUCHUNG - History of Economic Analysis part 80

History of Economic Analysis part 80. At the time of his death in 1950, Joseph Schumpeter-one of the major figures in economics during the first half of the 20th century-was working on his monumental History of Economic Analysis. A complete history of humankind's theoretical efforts to understand economic phenomena from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. | History of economic analysis 752 teased by semi-philosophical and semi-literary irregulars. That some of these irregulars who were at one time justly condemned for professional incompetence proved to have been fundamentally right at another time is neither paradoxical nor in itself proof of the incompetence of those who were responsible for the condemnatory The surface was troubled still further by the internecine warfare between the various groups of sociologists who like psychologists and economists always claimed too much for their own methods or materials. But below the surface there was both healthy achievement and promise for the future. The reader can easily satisfy himself from what has been said in the last but one paragraph that a science of society was in the making that included indeed many semi-independent or wholly independent provinces yet was much more definite than was then believed. There was a sort of headquarters headquarters without power to command to be sure in a region held by the problems of society social relations social processes as And there were steadily expanding the applied or special fields such as the sociology of religion hierology of ethics of all the arts more recently also of knowledge Wissenssoziologie politics economic institutions and many others. Most of these served two kinds of masters the practical lawyer or the practical educator for instance would be but ill served by treatises on the sociology of law or the sociology of education and both need another type of work. This division does not however depend entirely upon the needs of practical life but extends to purely scientific pursuits the scientific economist quite independently of any practical applications of his work needs complete autonomy in part of his field no sociological considerations would improve Professor Hicks s Value and Capital. But between the sociologies of law education and economic behavior as well as of all those other subjects .

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