Marshall and Schumpeter on Evolution

Economic Sociology of Capitalist Development

Inbunden, Engelska, 2009

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Beskrivning

Traditionally it was understood that while Marshall was the synthesizer of neoclassical economics, Schumpeter challenged the dynamic conception of the economy in place of the static structure of economics. While historians of economic thought rarely discuss the work of Alfred Marshall and Joseph Schumpeter jointly, the contributors to this book do exactly this from the perspective of evolutionary thought. This unique and original work contends that, despite the differences between Marshallian and Schumpeterian thinking, they both present formidable challenges to a broad type of social science beyond economics, particularly under the influence of the German historical school. In a departure from the received view on the nature of the works of Marshall and Schumpeter, the contributors explore their themes in terms of an evolutionary vision and method of evolution; social science and evolution; conceptions of evolution; and evolution and capitalism.This timely resource will provide a stimulus not only to Marshall and Schumpeter scholarship within the history of economic thought but also to the recent efforts of economists to explore a research field beyond mainstream equilibrium economics. It will therefore prove a fascinating read for academics, students and researchers of evolutionary and heterodox economics and historians of economic thought.

Produktinformation

Utgivningsdatum:2009-01-30
Mått:156 x 234 x undefined mm
Format:Inbunden
Språk:Engelska
Förlag:Edward Elgar Publishing Ltd
ISBN:9781847208132

Utforska kategorier

Ekonomisk historia inom Ekonomi och Ledarskap

Mer om författaren

Edited by the late Yuichi Shionoya, formerly Emeritus Professor of Economics and President, Hitotsubashi University, Japan and Tamotsu Nishizawa, formerly Professor, Institute of Economic Research, Hitotsubashi University, Japan

Recensioner i media

'This collection of essays offers a fresh and challenging interpretation which departs from the received views of two giants - among the greatest economists of all times. Distinguished scholars of Marshall and Schumpeter engage in a lively discussion of their work and convincingly argue that, despite their differences, they shared a common drive towards a broader type of social science beyond economics. It is an intriguing account that will not fail to attract and fascinate the majority of readers.'

Innehållsförteckning

Contents:IntroductionYuichi Shionoya and Tamotsu NishizawaPART I: VISION AND METHOD OF EVOLUTION1. Schumpeter and Evolution: An Ontological ExplorationYuichi Shionoya2. The General Pattern of Marshallian EvolutionTiziano Raffaelli3. Schumpeter on Marshall: A ReconsiderationRoger E. BackhousePART II: SOCIAL SCIENCE AND EVOLUTION 4. On the Relation between Economics and Sociology: Marshall and SchumpeterRichard Arena5. Marshall, Schumpeter and the Shifting Boundaries of Economics and SociologyGeoffrey M. Hodgson6. The Broken Thread: Marshall, Schumpeter and Hayek on the Evolution of CapitalismJ.S. MetcalfePART III: CONCEPTIONS OF EVOLUTION7. Alfred Marshall and the Historico-Ethical ApproachTamotsu Nishizawa8. The Limits to Growth: Alfred Marshall and the British Economic TraditionKatia Caldari and Fabio Masini9. Rebuilding Schumpeter’s Theory of EntrepreneurshipRichard Swedberg10. Schumpeter in the Harvard Yard: Inventions, Innovations and Growth Kiichiro YagiPART IV: EVOLUTION AND CAPITALISM11. Schumpeter on DevelopmentHarald Hagemann12. Frictions in Schumpeter’s Theory of UnemploymentMauro Boianovsky and Hans-Michael Trautwein13. Marshall on Economic Chivalry and Business EthicsKenji FujiiIndex