Schmoller, Gustav von

(1838–1917)

   Among the leading economists of Imperial Germany and founder of the “younger historical school,” Schmoller attempted to square Germany’s waxing industrial strength and accelerating social change with the monarchic and authoritarian traditions of Prussia by advocating paternalist social reforms to meet the material needs of the working class. He further viewed overseas expansion as a way to offset the social effects of a rapidly increasing population in Germany. To avoid resorting to domestic political repression, Schmoller advised, the Reich would have to pursue social reconciliation at home while participating fully in great power struggles overseas.

   See also <> .

   FURTHER READING:

    Grimmer-Solem, Erik. The Rise of Historical Economics and Social Reform in Germany, 1864–1894 . Oxford: Clarendon, 2003.

   CARL CAVANAGH HODGE