Alexander Gerschenkron in the context of "Historical school of economics"

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⭐ Core Definition: Alexander Gerschenkron

Alexander Gerschenkron (Russian: Александр Гершенкрон; 1 October 1904 – 26 October 1978) was an American economic historian and professor at Harvard University trained in the German historical school of economics.

Born into a Jewish family in Odessa, then part of the Russian Empire, now in Ukraine, Gerschenkron fled the country during the Russian Civil War in 1920 to Austria, where he attended the University of Vienna, earning a doctorate in 1928. After the Anschluss in 1938, he emigrated to the United States.

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Alexander Gerschenkron in the context of Change and continuity

Change and continuity is a classic dichotomy within the fields of history, historical sociology, and the social sciences more broadly. The question of change and continuity is considered a classic discussion in the study of historical developments. The dichotomy is used to discuss and evaluate the extent to which a historical development or event represents a decisive historical change or whether a situation remains largely unchanged. A good example of this discussion is the question of how much the Peace of Westphalia in 1648 represents an important change in European history. In a similar vein, historian Richard Kirkendall once questioned whether FDR's New Deal represented "a radical innovation or a continuation of earlier themes in American life?" and posed the question of whether "historical interpretations of the New Deal [should] stress change or emphasize continuity?" The issue here is if the New Deal marks something radically new (change) in US history or if the New Deal can be understood as a continuation (continuity) of tendencies in American history that were in place well before the 1930.

The dichotomy is important in relation to constructing, discussing, and evaluating historical periodizations. In terms of creating and discussing periodization (e.g. the Enlightenment or the Victorian Era,) the dichotomy can be used to assess when a period can be said to start and end, thus making the dichotomy important in relation to understanding historical chronology. Economic historian Alexander Gerschenkron has taken issue with the dichotomy, arguing that continuity "appears to mean no more than absence of change, i.e. stability." German historian Reinhart Koselleck, however, has been said to challenge this dichotomy.

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