Principles of Political Economy

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The book explores the contributions of Wilhelm Georg Friedrich Roscher to the historical school of political economy, highlighting his innovative use of historical methods to analyze economic development. By examining legal, political, and cultural factors, Roscher developed a cyclical theory of nations' economic life stages—youth, manhood, and senile decay. His academic journey, including professorships at Göttingen and Leipzig, underscores his influence in shaping economic thought and the evolution of political economy.