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Spiethoff's Economic Styles: a Pluralistic Approach?

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  • Sebastian Thieme

    (Schasching-Fellow 2015/2016 of the Catholic Social Academy of Austria, Vienna, Austria)

Abstract

The main scope of this article is to introduce Spiethoff's economic styles approach to economists outside the German-speaking scientific community. It also provides a contemporary (new) reading and interpretation of this approach, especially regarding the methodology Spiethoff used in his research. Essentially, it will be shown that Spiethoff applies a kind of 'abductive' thinking that is usually ignored. Especially in the recent debate about pluralism in economics, the dichotomy of induction and deduction excludes the concept of abduction. Against this background, the article highlights what Spiethoff's economic styles approach could add to the current debate regarding pluralism in economics.

Suggested Citation

  • Sebastian Thieme, 2018. "Spiethoff's Economic Styles: a Pluralistic Approach?," Economic Thought, World Economics Association, vol. 7(1), pages 1-23, March.
    • Handle: RePEc:wea:econth:v:7:y:2018:i:1:p:1
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    References listed on IDEAS

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    3. Hands,D. Wade, 2001. "Reflection without Rules," Cambridge Books, Cambridge University Press, number 9780521797962, January.
    4. Arne Heise, 2017. "Whither economic complexity? A new heterodox economic paradigm or just another variation within the mainstream?," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 8(2), pages 115-129.
    5. Tony Lawson, 2013. "What is this 'school' called neoclassical economics?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 37(5), pages 947-983.
    6. Heinz D. Kurz & Tamotsu Nishizawa & Keith Tribe (ed.), 2011. "The Dissemination of Economic Ideas," Books, Edward Elgar Publishing, number 14521.
    7. Spiethoff, Arthur, 1952. "The “Historical” Character of Economic Theories," The Journal of Economic History, Cambridge University Press, vol. 12(2), pages 131-139, April.
    8. Redlich, Fritz, 1970. "Arthur Spiethoff on Economic Styles," The Journal of Economic History, Cambridge University Press, vol. 30(3), pages 640-652, September.
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