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No invitation to ‘Alles Walzer!’: Schumpeter on The General Theory

In: The General Theory and Keynes for the 21st Century

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  • Heinz D. Kurz

Abstract

The chapter discusses Schumpeter’s reception of The General Theory and the criticisms he levelled at it. To what extent are these criticisms pertinent and to what extent are they based on misunderstandings and unable to be sustained? The chapter then turns briefly to the heretic elements in the analyses of Keynes and Schumpeter and shows that, important differences notwithstanding, they had more in common by temperament and vision than is typically acknowledged.

Suggested Citation

  • Heinz D. Kurz, 2018. "No invitation to ‘Alles Walzer!’: Schumpeter on The General Theory," Chapters, in: Sheila Dow & Jesper Jespersen & Geoff Tily (ed.), The General Theory and Keynes for the 21st Century, chapter 14, pages 183-198, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17806_14
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    Economics and Finance;

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