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Convergences with Schumpeter: An essay Hirschman has yet to write

Lookup NU author(s): Professor Pooran Wynarczyk

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Abstract

The paper explores the contributions of Joseph Schumpeter and Albert Hirschman to our understanding of the dynamics of modern democratic capitalist economies and suggests that much of their respective work displays intellectual overlap and complementarity. It is primarily focused upon the role of economic and political processes as forces of change and adjustment and the necessary degree of built-in inertia required to permit orderly rather than chaotic responses.

Publication metadata

Author(s): Wynarczyk P

Publication type: Article

Publication status: Published

Journal: Journal of Evolutionary Economics

Year: 2000

Volume: 10

Issue: 3

Pages: 329-341

ISSN (print): 0936-9937

ISSN (electronic): 1432-1386

Publisher: Springer

URL: http://dx.doi.org/10.1007/s001910050018

DOI: 10.1007/s001910050018

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