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Members of both the earlier and the later historical schools viewed government intervention in the economy as a positive and necessary force.
The predominant religion, Hinduism, has been shaped by various historical schools of thought, including those of the Upanishads, the Yoga Sutras, the Bhakti movement, and by Buddhist philosophy.
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Because they rejected economic theory, however, members of the historical school had little impact on theoretical development.
Uprisings also were condemned as folly by conservatives in Galicia, where the Kraków historical school critically reinterpreted Poland's history.
The later historical school (roughly after 1870) was responsible for most of the detailed historical research for which the school as a whole is known.
Eichorn and J.F.L. Göschen, the Zeitschrift für geschichtliche Rechtswissenschaft ("Journal of Historical Jurisprudence"), which became the organ of the new historical school of jurisprudence.
His emphasis on historical and factual studies gives him a strong claim to be regarded as the founder of the English historical school in economics.
Until the second world war, they hailed mostly from the "historical school", which held that there was no such thing as economic rationality.
Although the historical school was most influential in Germany, its impact was felt throughout Europe and the United States, particularly by the American institutional economists.
Historical school of economics, branch of economic thought, developed chiefly in Germany in the last half of the 19th century, that sought to understand the economic situation of a nation in the context of its total historical experience.
Before going on, it is necessary to take note of the rise and fall of the German historical school and the American institutionalist school, which leveled a steady barrage of critical attacks on the orthodox mainstream.
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