The Psychology of Money and Public Finance
This book features the main papers of Günter Schmölders (1903-1991), a pioneer in economic psychology, for the first time in English. Schmölders' research on 'fiscal psychology' is of particular and lasting interest, impacting greatly on continental econo
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The Psychology of Money and Public Finance Günter Schmölders Selected and introduced by
Björn Frank and Erich Kirchler Translations by
Iain Grant and Karen Green
© Claudia Schmölders 2006 Selection and Introduction © Björn Frank and Erich Kirchler 2006 Translation © Iain Grant and Karen Green 2006 Softcover reprint of the hardcover 1st edition 2006 978-1-4039-4169-5 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1T 4LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2006 by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N.Y. 10010 Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan is a registered trademark in the United States, United Kingdom and other countries. Palgrave is a registered trademark in the European Union and other countries. ISBN 978-1-349-52096-1 ISBN 978-0-230-62511-2 (eBook) DOI 10.1057/9780230625112 This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources.
A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Schmölders, Günter, 190391 [Selections. English. 2006] The psychology of money and public finance/by Günter Schmölders; selected and introduced by Björn Frank and Erich Kirchler;translations by Iain Grant and Karen Green. p. cm. Includes bibliographical references and index. ISBN 1403941696 (cloth) 1. Economics“Psychological aspects. I. Frank, Björn, II. Kirchler, Erich. III. Title. HB74.P8S3713 2006 332.401 9“dc22 2006041756 10 9 15 14
8 7 13 12
6 5 11 10
4 3 09 08
2 07
1 06
Contents
List of Tables
vii
List of Figures
ix
¨ ¨ 1 Gunter Schmolders and Economic Psychology: an Introduction Björn Frank and Erich Kirchler
1
1.1 Methodology: the long way towards empirical research 1.2 Plan of the book 1.3 Schmölders and public finance today Acknowledgements References
2 4 6 13 13
2 Economic Psychology Editors’ remarks 2.1 Man as a social being 2.2 A contrasting programme to rational theory 2.2.1 Introduction 2.2.2 From historicism to prediction 2.2.3 Borrowed from psychology? 2.3 Socio-economic behaviour research
17 17 17 26 26 32 35 39
3 The Private Household 3.1 How money is
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