Abstract
Abstract. This essay focuses on the “organismic” approach to the world of economic phenomena, as found in Carl Menger's work and, in a more mature form, in that of the present‐day author Nicholas Georgescu‐Roegen. The author calls this type of organicism New Organicism, considering it a modern version of the organicism of nineteenth‐century authors like Wilhelm Roscher.This study presents Carl Menger as the main founder of the new way of economic thinking in organismic terms. It also shows that Menger did not fully integrate his organismic ideas into his economic philosophy. Furthermore, mention is made of Menger's antipode, Gustav Schmoller, as a fundamental thinker in this field. The author sees Schmoller as a predecessor of the systems theory variant of modern organismic economic thought. Next Krabbe looks at Nicholas Georgescu‐Roegen, whose organismic synthesis he reflects. Finally, mention is made of the organismic orientation of three authors; Anghel Rugina, Lazaros Houmanidis and John Sutherland.
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