
Contents
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The Value-Freedom Issue The Value-Freedom Issue
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The Impossibility of “Presuppositionless” Science The Impossibility of “Presuppositionless” Science
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The Practical Failures of the German Historical School The Practical Failures of the German Historical School
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Concluding Remarks Concluding Remarks
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4 Max Weber and the Decline of the Historical School
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Published:November 2003
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Abstract
By the first decade of the twentieth century, the historical school faced challenges from within Germany and without. By the end of the First World War, it had lost almost all its influence. This chapter traces the reasons behind the decline of the historical school. It shows that Max Weber, one of the most famous social scientists of the twentieth century, played an important role in the story. Weber is known today principally as a sociologist. For most of his career, however, he identified himself, not only as an economist, but specifically as a member of the historical school of economics. His dissension from historicist doctrine would provide the foundation for many later Austrian arguments on methodology.
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