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Introduction to Chris Freeman’s “Schumpeter’s ‘Business Cycles’ Revisited”

Author

Listed:
  • Freeman, Alan

    (Geopolitical Economy Research Group, University of Manitoba)

Abstract

Chris Freeman’s lecture represents an invaluable guide to Schumpeter’s theoretical framework. Two of the many themes deserve special attention. The first is the apparent contradiction between Schumpeter’s attachment to Walrasian equilibrium, and his advocacy of a theory of cyclic economic movement. The second is the economic role of institutions.

Suggested Citation

  • Freeman, Alan, 2015. "Introduction to Chris Freeman’s “Schumpeter’s ‘Business Cycles’ Revisited”," European Journal of Economic and Social Systems, Lavoisier, vol. 27(1-2), pages 37-46.
    • Handle: RePEc:ris:ejessy:0003
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    Cited by:

    1. Freema, Alan, 2015. "Going for the Juglar: Keynes, Schumpeter and the Theoretical Crisis of Economics," MPRA Paper 64809, University Library of Munich, Germany, revised 05 Jun 2015.

    More about this item

    Keywords

    Schumpeter; Chris Freeman; economic history; growth and fluctuations; long waves; technological revolutions; capitalist system; heterodox economics;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General
    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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