Political Economics in Retrospect Essays in Memory of Adolph Lowe
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Edited by Harald Hagemann, Professor Emeritus of Economic Theory, University of Hohenheim, Germany and Heinz D. Kurz, Emeritus Professor of Economics, University of Graz and Graz Schumpeter Centre, Austria<i>'Hagemann and Kurz have given us a volume of edited papers that is forward-looking in the sense of exploring beyond the present paradigm. Not only are these papers a splendid memorial to Adolph Lowe's intellectual legacy, they also offer insights into theoretical questions and methodologies that go beyond those of the neoclassical mainstream.'</i>
- Ingrid H. Rima, Review of Social Economy,
The book opens with an overall evaluation of Lowe as a perceptive historical, political and sociological observer, presented through a number of personal recollections by Robert Heilbroner, Claus-Dieter Krohn and Marion Countess Donhoff. They analyse Lowe's intellectual and socio-political development during the Weimar Republic and how this period influenced some of his later works. The second part assesses Lowe's major contribution to the development of business cycle theory, and the roots of his analysis of structural and economic change. The book also examines Lowe's pioneering work in the field of traverse analysis. It concludes with a discussion of Lowe as 'economic philosopher' and his concern with the extent to which contemporary Western societies can balance the conflict between freedom and order.