Overview
Gustav Friedrich (after 1908: von) Schmoller (; 24 June 1838 – 27 June 1917) was the leader of the "younger" German historical school of economics.
He was a leading Sozialpolitiker (more derisively, Kathedersozialist, "Socialist of the Chair"), and a founder and long-time chairman of the Verein für Socialpolitik, the German Economic Association, which continues to exist.
The appellation "Kathedersozialist" was given to Schmoller and other members of the Verein by their enemies. Schmoller disavowed the "socialist" label, instead tracing his thought to the heterodox liberalism represented by Jérôme-Adolphe Blanqui, Jean Charles Léonard de Sismondi, John Stuart Mill, Johann Heinrich von Thünen, Bruno Hildebrand, Thomas Edward Cliffe Leslie, Lorenz von Stein, and Émile de Laveleye and radicals such as Frederic Harrison and Edward Spencer Beesly. His goal was to reconcile the Prussian monarchy and bureaucracy "with the idea of the Liberal state and complemented by the best elements of parliamentarianism" to carry out social reform.
Life
Schmoller was born in Heilbronn. His father was a Württemberg civil servant. Young Schmoller studied (a combination of economics, law, history, and civil administration) at the University of Tübingen (1857–61). In 1861, he obtained an appointment at the . During his academic career, he held appointments as a professor at the universities of Halle (1864–72), Strasbourg (1872–82), and Berlin (1882–1913). After 1899, he represented the University of Berlin in the Prussian House of Lords.
Schmoller's influence on academic policy, economic, social and fiscal reform, and economics as an academic discipline for the time between 1875 and 1910 can hardly be overstated. He was an outspoken proponent of the assertion of German naval power and the expansion of the German overseas empire.
From Wikipedia (CC BY-SA 4.0).