Gottlieb Hufeland

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Gottlieb Hufeland.

Gottlieb Hufeland (29 October 1760 – 25 February 1817) was a German economist and jurist.

Biography

Born in

Leipzig and Göttingen. He graduated at Jena, and in 1788 was there appointed to an extraordinary professorship. Five years later he was made ordinary professor.[1]

His lectures on

In

theory of money, Hufeland's treatment has a certain originality.[1]

Two points in particular seem deserving of notice. Hufeland was the first among German economists to point out the profit of the

entrepreneur as a distinct species of revenue with laws peculiar to itself. He also tends towards, though he does not explicitly state the view that rent is a general term applicable to all payments resulting from differences of degree among productive forces of the same order. Thus the superior gain of a specially gifted workman or specially skilled employer is in time assimilated to the payment for a natural agency of more than the minimum efficiency.[1]

Hufeland died in 1817 in

Works

Hufeland's works on the theory of legislation:

  • Versuch über den Grundsatz Naturrechts (1785)
  • Lehrbuch des Naturrechts (1790)
  • Institutionen des gesammten positiven Rechts (1798)
  • Lehrbuch der Geschichte und Encyclopadie alter in Deutschland geltenden positiven Rechte (1790)

They are distinguished by precision of statement and clearness of deduction.

References

  • Wilhelm Roscher, Geschichte der National-Ökonomik in Deutschland, 1874, pp. 654–662.
  •  This article incorporates text from a publication now in the public domainChisholm, Hugh, ed. (1911). "Hufeland, Gottlieb". Encyclopædia Britannica. Vol. 13 (11th ed.). Cambridge University Press. p. 856.