This book features the main papers of Gunter Schmolders (1903-1991), a pioneer in economic psychology for the first time in the English language. Schmolders incorporated psychological considerations in his economic analyses at a time when the distance between the two disciplines was much larger than today. His research on ‘fiscal psychology’ is of particular and lasting interest, impacting greatly on continental economics. During his lifetime, Schmolders failed to build bridges to enable his contemporary fellow economists to appreciate the importance of his work, however the relevance of his approach is much more obvious in the world’s current economic climate.
About the Author GÜNTER SCHMÖLDERS (1903-1991) was the continental pioneer of Economic Psychology. In the 1950s he built up a centre for socio-economic research at the University of Cologne, Germany. He was a very productive author with over 400 articles and books, with only a few originally published in English.