This paper reflects on the contributions of Adam Smith and Joseph Schumpeter on our understanding of economic development, routines and cognition. It distinguishes between two conceptions of economic analysis, one Cartesian in nature, the other following an developmental perspective that resists formalisation.
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Find related papers by JEL classification: B0 - Schools of Economic Thought and Methodology - - General B4 - Schools of Economic Thought and Methodology - - Economic Methodology O0 - Economic Development, Technological Change, and Growth - - General
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