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Schumpeter and Talcott Parsons

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  • Richard Swedberg

Abstract

This article looks at the relationship between Joseph Schumpeter and sociologist Talcott Parsons. The two met in the late 1920s at Harvard University, where both were teaching. At the time Parsons was a young instructor, while Schumpeter was an established economist; and as a result Schumpeter influenced Parsons much more than the other way around. Parsons especially appreciated Schumpeter’s view of economic theory. Their relationship continued in this way, with Schumpeter mainly influencing Parsons even if he also could keep an eye on what was happening in sociologythrough Parsons. Copyright Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Richard Swedberg, 2015. "Schumpeter and Talcott Parsons," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 215-222, January.
    • Handle: RePEc:spr:joevec:v:25:y:2015:i:1:p:215-222
    DOI: 10.1007/s00191-014-0368-2
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    References listed on IDEAS

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    1. Talcott Parsons, 1931. "Wants and Activities in Marshall," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 46(1), pages 101-140.
    2. Talcott Parsons, 1932. "Economics and Sociology: Marshall in Relation to the Thought of his Time," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 46(2), pages 316-347.
    3. Talcott Parsons, 1934. "Some Reflections on "The Nature and Significance of Economics"," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 48(3), pages 511-545.
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