Karl Bücher

This book explores the contributions of Karl Bücher (1847-1930) to economics, particularly in economic history and anthropology. It emphasizes his theoretical insights into economic institutions and customs that challenge mainstream economic thought. Notably, Bücher argued that charity plays a crucial role in modern market economies, enhancing the division of labor and complementing monetary contractual exchanges with gift exchanges. The essays in this volume were specifically prepared for this publication, showcasing the diverse aspects of Bücher's work, though not exhaustively covering every facet of his scholarship. Reflecting the Historical School's approach, Bücher utilized available evidence creatively, including his analysis of how rhythm affects work processes, supported by studies of work songs linked to different technologies and tasks. He was also an engaged reader of the emerging international financial press, which influenced his research and teaching, leading him to establish Germany's first journalism school. The collection includes essays on various topics, such as the intersection of music and economics, innovations in vocational training, and the role of non-market exchanges in healthcare, all highlighting Bücher's lasting impact on economic thought and anthropology.