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

Ilona Bazantova

Prague Economic Papers, 2016, vol. 2016, issue 2, 234-246

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.

Keywords: the Austrian School; teleological approach; methodology; Karel Engliš; history of the Austrian School; Czech economic thought (search for similar items in EconPapers)
JEL-codes: B19 B25 B31 B41 (search for similar items in EconPapers)
Date: 2016
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DOI: 10.18267/j.pep.557

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