Contribution of Joseph A. Schumpeter to Economics (Routledge Studies in the History Ofeconomics, 43)

This collection constitutes an examination of Schumpeter's legacy that is wider than any yet attempted. As one of the key economists of the twentieth century, Schumpeter's economics is viewed in the context of its relation to purer Austrian theories of the free market, Keynesian macroeconomics, the early neoclassicism of Marshall and Walras, and a persuasive argument made for its centrality to the discipline as a whole. Book Cover......Page 1 Title......Page 6 Copyright......Page 7 Contents......Page 8 Introduction......Page 22 1 Schumpeter and the old Austrian school......Page 42 2 Schumpeter on Walras......Page 61 3 Schumpeter on Marshall......Page 87 4 On the boundaries between economic analysis and economic sociology......Page 110 5 Time and rationality in Schumpeter’s construct......Page 127 6 Innovation and business cycles......Page 148 7 The long-term perspective......Page 167 8 Schumpeter on entrepreneurship......Page 188 9 Schumpeter on competition......Page 205 10 Schumpeter on the institution of money......Page 224 11 Money, banking and dynamics: Schumpeter vs Hayek......Page 242 12 Financing economic activity: Schumpeter vs Keynes......Page 262 Index......Page 277 This collection constitutes an examination of Schumpeters legacy that is wider than any yet attempted. This book is essential reading for historians of economists and historians alike. Schumpeter is at the root of the ongoing historiographic practice of classifying Menger along with Jevons and Walras as the three protagonists of the so-called marginalist revolution. Edited By Richard Arena And Cécile Dangel-hagnauer. Includes Bibliographical References And Index.