“Each to one’s own”: Albín Bráf’s Czech school of national economy

In this paper, we explore the development of Czech economic thought within the context of the nineteenth-century Czech National Revival. Influenced by Classical Political Economy, the German Historical School, and Austrian economics, Czech economists faced the challenge of advancing economic development for a nation without a state. Key issues included lending difficulties, a lack of entrepreneurship, and inadequate institutional infrastructure. A distinct Czech School of National Economy emerged around Albín Bráf to address these problems through education and national economic agitation. Using primary sources, we trace their contributions to economic thought and their influence on political and legislative changes.

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Publication Details

Published
2024-11-18
DOI
https://doi.org/10.82504/s6ts-qv55
Primary Topic
Economic Theory and Institutions
Type
article
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“Each to one’s own”: Albín Bráf’s Czech school of national economy

Economic Theory and Institutions
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“Each to one’s own”: Albín Bráf’s Czech school of national economy

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Abstract

In this paper, we explore the development of Czech economic thought within the context of the nineteenth-century Czech National Revival. Influenced by Classical Political Economy, the German Historical School, and Austrian economics, Czech economists faced the challenge of advancing economic development for a nation without a state. Key issues included lending difficulties, a lack of entrepreneurship, and inadequate institutional infrastructure. A distinct Czech School of National Economy emerged around Albín Bráf to address these problems through education and national economic agitation. Using primary sources, we trace their contributions to economic thought and their influence on political and legislative changes.

Prague University of Economics and Business (CZ), Palacký University Olomouc (CZ)
Decent work and economic growth
Openalex Percentile: Top 26%
Economic Theory and Institutions
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