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Knies, Karl
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Karl Knies

German economist

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contribution to economics

  • Roger Bacon
    In social science: Economics

    …figures as Wilhelm Roscher and Karl Knies in Germany tended to dismiss the assumptions of timelessness and universality regarding economic behaviour that were axiomatic among the German followers of Smith, and they strongly insisted upon the developmental character of capitalism, evolving in a long series of stages from other types…

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historical school of economics

  • Knies, Karl
    In historical school of economics

    Wilhelm Roscher, Bruno Hildebrand, and Karl Knies, whose works developed the idea of a historical method. They held that the merits of economic policies depended on place and time but that by studying various societies it would be possible to specify certain general stages of development through which all countries…

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