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Connecting principles, new combinations and routines

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Author Info
Brian J. Loasby (Department of Economics, University of Stirling, Scotland)

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Abstract

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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File URL: http://www.sceme.org.uk/wps/SCEME001_LoasbyB_ConnecTPrinc_2003.pdf
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Publisher Info
Paper provided by SCEME in its series SCEME Working Papers: Advances in Economic Methodology with number 001/2003.

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Length: 14 pages
Date of creation: Jan 2003
Date of revision:
Handle: RePEc:sti:wpaper:001/2003

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Web page: http://www.sceme.org.uk/
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Related research
Keywords: Joseph-Schumpeter; Adam-Smith; economic-development; innovation; uncertainty;

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

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Brian J. Loasby, 2002. "Content and method: an epistemic perspective on some historical episodes," European Journal of the History of Economic Thought, Taylor and Francis Journals, vol. 9(1), pages 72-95, March. [Downloadable!] (restricted)
  2. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542. [Downloadable!]
  3. Michael D. Cohen & Roger Burkhart & Giovanni Dosi & Massimo Egidi & Luigi Marengo & Massimo Warglien & Sidney Winter & with comments by Benjamin Coriat, 1995. "Routines and Other Recurring Action Patterns of Organizations: Contemporary Research Issues," Working Papers 95-11-101, Santa Fe Institute.
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This page was last updated on 2009-11-25.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.