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How to see the world economy: statistics, maps, and Schumpeter's camera in the first age of globalization*

Published online by Cambridge University Press:  19 June 2015

Quinn Slobodian
Quinn Slobodian*
Affiliation:
Department of History, Wellesley College, 106 Central St, Wellesley, MA 02481, USA E-mail: [email protected]
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Abstract

How we assess globalization is largely determined by how we see the world economy. This article follows a disagreement about how to see the world economy among economists in Germany and Austria in the first age of globalization from the 1870s until the First World War. Absorbing metaphors from contemporary developments in media technologies, the debate pitted historical economists, who used statistics and cartography to make visible what they called the ‘world economic organism’, against marginalist economists, including a young Joseph Schumpeter, who rejected panoramic descriptions of the world economy for a narrow focus on prices. In a forgotten chapter in the conceptual genealogy of globalization, the debates of German-speaking economists initiated a persistent divide in how to see the world economy: either in the spatially expanding networks of communication and trade or in the wandering movement of prices on the world markets.

Keywords

cartographyglobalizationintellectual historySchumpeterworld economy
Type
Articles
Information
Journal of Global History , Volume 10 , Issue 2 , July 2015 , pp. 307 - 332
Copyright
Copyright © Cambridge University Press 2015 

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Footnotes

*

The author would like to thank the Volkswagen Stiftung and Andrew W. Mellon Foundation for their generous funding, and the special issue editors, participants in the Harvard University Minda de Gunzburg Center for European Studies scholars seminar, the Wellesley College History Department faculty workshop, and Owen Lyons for their help in shaping this article.

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