ABSTRACT

This chapter aims to trace the influence of the German historical school (GHS) in Greece and its evolution from the sidelines of theory in the 1890s to become an influential, majority position in the first decades of the twentieth century and up to the late 1930s. It provides an overview of economic and institutional developments that contributes to the increased influence of the GHS in Greece. This chapter offers the evidence that explains how and through which the institutional and public policy channels ideas relates to the GHS which disseminates to Greece. These ideas suited Greek economic policy at that time and found widespread approval. The most striking fact about the German influence on Greek economic thought and policy is that despite the fading of the GHS in Germany, the theoretical attachment of Greek economists to the younger GHS dominates the domestic scene in Greece until the early post-World War II period.