Publications in Scientific Journals:
G. Hanappi:
"Schumpeter and Goodwin";
Journal of Evolutionary Economics,
25
(2015),
1;
277
- 291.
English abstract:
This paper compares the essential theoretical works of Joseph Schumpeter and Richard Goodwin. Though it also describes some biographical details of their overlapping lifetimes, the main focus is on the relation between their theoretical contributions. It is concluded that their role as theoretical mavericks challenging mainstream economics mirrors the methodological approach of evolutionary economics: progress needs the singular and unconventional challenge of innovators. Their long-lasting influence still is exerted by the scholars they influenced during their last period of activity. As well as showing several similarities the paper also discusses the essential differences between Schumpeter´s and Goodwin´s theoretical positions - in particular with respect to the works of Marx and Keynes.
Keywords:
Schumpeter/Goodwin/Evolutionary methodology/History of economic thought
"Official" electronic version of the publication (accessed through its Digital Object Identifier - DOI)
http://dx.doi.org/10.1007/s00191-014-0390-4
Related Projects:
Project Head Gerhard Hanappi:
Ad personam Jean Monnet Lehrstuhl für politische Ökonomie der europäischen Integration
Created from the Publication Database of the Vienna University of Technology.