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Czech Economist Karel Engliš and his Relation to The Austrian School in the First Half of the 20th Century

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  • Ilona Bažantová

Abstract

This article analyses opinions and teleological approach of Czech economist Karel Engliš (1880-1961) and his relation to the Austrian Economics during the first three decades of the 20th century. He grew out from the Austrian subjective psychological school although he later refused its methodological psychological subjectivism and value theory. Engliš formed an original teleological economic school upon Kant's noetics. This paper describes Engliš's relation to the Austrian school: the polemic approach of Karel Engliš to Austrian Economics, followed by Engliš's agreement with certain postulates of the Austrian School. Engliš supported the conclusions of the Austrian School regarding irreplaceability of economic individualism as the basis for a modern economic market system.

Suggested Citation

  • Ilona Bažantová, 2016. "Czech Economist Karel Engliš and his Relation to The Austrian School in the First Half of the 20th Century," Prague Economic Papers, Prague University of Economics and Business, vol. 2016(2), pages 234-246.
    • Handle: RePEc:prg:jnlpep:v:2016:y:2016:i:2:id:557:p:234-246
    DOI: 10.18267/j.pep.557
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    More about this item

    Keywords

    the Austrian School; teleological approach; methodology; Karel Engliš; history of the Austrian School; Czech economic thought;
    All these keywords.

    JEL classification:

    • B19 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Other
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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