Karl Bücher is a not very well remembered economist. His ghost comes up, faintly, in the literature about Karl Polanyi. He was an economist of the ‘historical school’ back in the early twentieth century. The ‘historical school’ and the marginalists were pitted against each other, and each also pitted itself against Marx. Institutional economics owes the historical school – although it is commonly thought that the historicists were creamed when the marginalists began to produce groovy, mathematical models. Bücher’s ghost also sometimes haunts … musicology. Of all things. This is because of a little book entitled Work and Rhythm. We all know about Taylor, and the making of work efficiency – at least those of us who remember the way the Soviet Union in Stalin’s time fell in love with Taylorism. Bücher, in 1894, worked along other lines. He listened to labor with that German metaphysician’s ear. He listened to the sound made by the shovel going into a sandpile. He listened to the smith
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