SCHMOLLER, GUSTAV (1838- ), German political
economist, was born at Heilbronn on the 24th of June 1838. He
studied political science, philosophy and history at the university
of Tübingen from 1857 to 1861, when he obtained an appointment
at the Württemberg Statistical Department. In 1864 Schmoller
became extraordinary — and in the following year, ordinary —
professor of political economy and science at Halle, was
transferred in a like capacity to Strasburg in 1872 and finally in 1882
to Berlin. In 1884 he was admitted a member of the Prussian
Staatsrath, in 1887 a member of the Prussian Academy of Sciences, and in 1899 was called to the Prussian Herrenhaus (Upper Chamber) as representative of the university of Berlin. Schmoller is famous for his researches in the field of the history of political economy and is one of the founders of the Verein für Social Politik (Social Political Society).