@article{PanhansSchumacher2021,
  author    = {Panhans, Matthew T. and Schumacher, Reinhard},
  title     = {Theory in closer contact with industrial life},
  series = {Journal of institutional economics},
  volume    = {17},
  journal   = {Journal of institutional economics},
  number    = {5},
  publisher = {Cambridge Univ. Press},
  address   = {Cambridge},
  issn      = {1744-1374},
  doi       = {10.1017/S1744137421000357},
  pages     = {781 -- 798},
  year      = {2021},
  abstract  = {This paper investigates the views on competition theory and policy of the American institutional economists during the first half of the 20th century. These perspectives contrasted with those of contemporary neoclassical and later mainstream economic approaches. We identify three distinct dimensions to an institutionalist perspective on competition. First, institutionalist approaches focused on describing industry details, so as to bring theory into closer contact with reality. Second, institutionalists emphasized that while competition was sometimes beneficial, it could also be disruptive. Third, institutionalists had a broad view of the objectives of competition policy that extended beyond effects on consumer welfare. Consequently, institutionalists advocated for a wide range of policies to enhance competition, including industrial self-regulation, broad stakeholder representation within corporations, and direct governmental regulations. Their experimental attitude implied that policy would always be evolving, and antitrust enforcement might be only one stage in the development toward a regime of industrial regulation.},
  language  = {en}
}
@article{Schumacher2020,
  author    = {Schumacher, Reinhard},
  title     = {Altering the pattern of trade in the wealth of nations},
  series = {Journal of the history of economic thought},
  volume    = {42},
  journal   = {Journal of the history of economic thought},
  number    = {1},
  publisher = {Cambridge University Press},
  address   = {New York},
  issn      = {1053-8372},
  doi       = {10.1017/S1053837219000130},
  pages     = {19 -- 42},
  year      = {2020},
  abstract  = {There are three different interpretations of Adam Smith's trade theory in modern literature: first, the neoclassical theory of absolute advantage; second, an interpretation based on increasing returns; third, an interpretation of uneven development. These interpretations come to widely different conclusions, especially considering the development of the pattern of trade in Smith's theory. I discuss how these three interpretations emerged. They do not stem from a more detailed analysis of Smith's works itself but reflect changes within international trade theory. They all result from the fact that economists have imposed nineteenth- and twentieth-century modes of thoughts on Smith's theory, forcing his writings into later-developed theoretical frameworks. In contrast to classical economists in the nineteenth century, these subsequent interpretations misrepresent Smith's trade theory in order to portray him as a forerunner of later theories. The differing interpretations can thus be explained only against the backdrop of the development of international trade theory.},
  language  = {en}
}
@article{LangeSchumacherSvorencik2017,
  author    = {Lange, Jerome and Schumacher, Reinhard and Svorencik, Andrej},
  title     = {From antiquity to modern macro},
  series = {History of economic ideas},
  volume    = {25},
  journal   = {History of economic ideas},
  number    = {2},
  publisher = {Fabrizio Serra Editore},
  address   = {Pisa},
  issn      = {1122-8792},
  doi       = {10.19272/201706102007},
  pages     = {171 -- 205},
  year      = {2017},
  abstract  = {This survey provides an overview of topics related to the history of economics that have been discussed within the last two years in journal articles. The survey format has been started by History of Economic Ideas last year with the survey by Giulia Bianchi (2016) and is aimed to increase the visibility of research in the history of economics. The emphasis of our survey is on the big three journals in the history of economics: the European Journal of the History of Economic Thought, the Journal of the History of Economic Thought and History of Political Economy. We also included additional journals that frequently publish articles related to the history of economics. These include, in alphabetical order, the Cambridge Journal of Economics, Contributions to Political Economy, Economic Thought, the Erasmus Journal for Philosophy and Economics, History of Economic Thought and Policy, the History of Economics Review, the Journal of Economic Literature, the Journal of Economic Methodology, the Journal of Economic Perspectives, OE conomia, Oxford Economic Papers and Research in the History of Economic Thought and Methodology.},
  language  = {en}
}
@article{PaganelliSchumacher2018,
  author    = {Paganelli, Maria Pia and Schumacher, Reinhard},
  title     = {The vigorous and doux soldier},
  series = {History of European ideas},
  volume    = {44},
  journal   = {History of European ideas},
  number    = {8},
  publisher = {Routledge, Taylor \& Francis Group},
  address   = {Abingdon},
  issn      = {0191-6599},
  doi       = {10.1080/01916599.2018.1509225},
  pages     = {1141 -- 1152},
  year      = {2018},
  abstract  = {If war is an inevitable condition of human nature, as David Hume suggests, then what type of societies can best protect us from defeat and conquest? For David Hume, commerce decreases the relative cost of war and promotes technological military advances as well as martial spirit. Commerce therefore makes a country militarily stronger and better equipped to protect itself against attacks than any other kind of society. Hume does not assume commerce would yield a peaceful world nor that commercial societies would be militarily weak, as many contemporary scholars have argued. On the contrary, for him, military might is a beneficial consequence of commerce.},
  language  = {en}
}
@misc{Schumacher2018,
  author    = {Schumacher, Reinhard},
  title     = {Rezension zu: Dale, Gareth: Karl Polanyi: a life on the left. - New York: Columbia University Press, 2016. - xii, 381 S. - ISBN: 978-0-231-17608-8},
  series = {Journal of the history of economic thought},
  volume    = {40},
  journal   = {Journal of the history of economic thought},
  number    = {2},
  publisher = {Cambridge Univ. Press},
  address   = {New York},
  issn      = {1053-8372},
  doi       = {10.1017/S1053837217000220},
  pages     = {296 -- 298},
  year      = {2018},
  language  = {en}
}
@article{ScheallSchumacher2018,
  author    = {Scheall, Scott and Schumacher, Reinhard},
  title     = {Karl Menger as Son of Carl Menger},
  series = {History of political economy},
  volume    = {50},
  journal   = {History of political economy},
  number    = {4},
  publisher = {Duke Univ. Press},
  address   = {Durham},
  issn      = {0018-2702},
  doi       = {10.1215/00182702-7202512},
  pages     = {649 -- 678},
  year      = {2018},
  abstract  = {Relatively little is known about the relationship between Carl Menger, founder of the Austrian school of economics, and his son, Karl Menger, the mathematician, geometer, logician, and philosopher of science, whose mathematical colloquium at the University of Vienna was essential for the development of mathematical economics. Based on Karl Menger's diaries and correspondence, the present paper considers the development and struggles of the young Karl Menger, focusing on the years 1919-23, when Vienna was a vanquished city. We discuss the various relations within the Menger family and their significance for Karl Menger's intellectual development. Additionally, we consider his acquaintances with economists such as Knut Wicksell, David Davidson, and Eli Heckscher as well as the younger Menger's work in economics. We shed new light on his editorship of the second edition of his father's Grunds{\"a}tze der Volkswirtschaftslehre.},
  language  = {en}
}
@article{PaganelliSchumacher2018,
  author    = {Paganelli, Maria Pia and Schumacher, Reinhard},
  title     = {Do not take peace for granted},
  series = {Cambridge journal of economics},
  volume    = {43},
  journal   = {Cambridge journal of economics},
  number    = {3},
  publisher = {Oxford Univ. Press},
  address   = {Oxford},
  issn      = {0309-166X},
  doi       = {10.1093/cje/bey040},
  pages     = {785 -- 797},
  year      = {2018},
  abstract  = {Is trade a promoter of peace? Adam Smith, one of the earliest defenders of trade, worries that commerce may instigate some perverse incentives, encouraging wars. The wealth that commerce generates decreases the relative cost of wars, increases the ability to finance wars through debts, which decreases their perceived cost, and increases the willingness of commercial interests to use wars to extend their markets, increasing the number and prolonging the length of wars. Smith, therefore, cannot assume that trade would yield a peaceful world. While defending and promoting trade, Smith warns us not to take peace for granted.},
  language  = {en}
}
@misc{Schumacher2019,
  author    = {Schumacher, Reinhard},
  title     = {Rezension: Shigeyoshi Senga, Masatomi Fujimoto, Taichi Tabuchi (Eds.).: Ricardo and International Trade. - London: Routledge, 2017. - x, 276 S. - ISBN: 978-1-138-12245-1},
  series = {Journal of the History of Economic Thought},
  volume    = {41},
  journal   = {Journal of the History of Economic Thought},
  number    = {3},
  publisher = {Cambridge Univ. Press},
  address   = {New York},
  issn      = {1053-8372},
  doi       = {10.1017/S1053837218000317},
  pages     = {435 -- 438},
  year      = {2019},
  language  = {en}
}
@misc{Schumacher2016,
  author    = {Schumacher, Reinhard},
  title     = {Propriety and Prosperity: New Studies on the Philosophy of Adam Smith, Archival Insights Into the Evolution of Economics},
  series = {Journal of behavioral and experimental economics},
  volume    = {62},
  journal   = {Journal of behavioral and experimental economics},
  publisher = {Elsevier},
  address   = {New York},
  issn      = {2214-8043},
  doi       = {10.1016/j.socec.2016.02.002},
  pages     = {51 -- 52},
  year      = {2016},
  language  = {en}
}
@article{Schumacher2016,
  author    = {Schumacher, Reinhard},
  title     = {Adam Smith and the "rich country-poor country" debate: eighteenth-century views on economic progress and international trade},
  series = {The European journal of the history of economic thought},
  volume    = {23},
  journal   = {The European journal of the history of economic thought},
  publisher = {Elsevier},
  address   = {Abingdon},
  issn      = {0967-2567},
  doi       = {10.1080/09672567.2015.1050046},
  pages     = {764 -- 793},
  year      = {2016},
  language  = {en}
}