Background
SPIETHOFF, Arthur was born in 1873 in Germany.
("at the beginning of the investigation our knowledge of b...)
"at the beginning of the investigation our knowledge of business cycles was derived partly from an imperfectly digested mass of factual observations"
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SPIETHOFF, Arthur was born in 1873 in Germany.
Beginning his work on business cycles, he discovered the need for a new general theory of economics to replace the Historical School orthodoxy in which he had been trained. Within the framework of his historicalrealistic theory he was then able to pursue his empirical work on cycles. He considered cycles, including the long waves, which he identified independently, as part of the essential pattern of capitalist economics.
He also did valuable work on the capital and money market, and on land utilisation and housing, using the same conceptual framework. Taught at Berlin, Prague and Bonn Universities. Assistant Editor, Editor, Schmoller's Jahrbuch, 1899, 1908.
("at the beginning of the investigation our knowledge of b...)