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The making of a Schumpeterian economist: Nicholas Georgescu-Roegen

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  • Roxana Bobulescu

Abstract

The paper explores the intellectual trajectory of Nicholas Georgescu-Roegen. By reviewing his memoirs and the various interpretations of his work, it puts forward the particular conditions and circumstances that shaped Georgescu-Roegen's theoretical developments. His way from neoclassical consumption behaviour to the entropy law and the economic process was a very exciting intellectual journey. Born in Romania, having experienced four dictatorships in the 1930s and 1940s, he confronted with the problems of a rural, overpopulated economy. The paper shows that his practice in Romania was the rain that made grow the seeds planted in his mind by Schumpeter at Harvard.

Suggested Citation

  • Roxana Bobulescu, 2012. "The making of a Schumpeterian economist: Nicholas Georgescu-Roegen," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 19(4), pages 625-651, August.
    • Handle: RePEc:taf:eujhet:v:19:y:2012:i:4:p:625-651
    DOI: 10.1080/09672567.2010.540344
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    1. Kozo Mayumi & John M. Gowdy (ed.), 1999. "Bioeconomics and Sustainability," Books, Edward Elgar Publishing, number 1347.
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    1. Quentin Couix, 2019. "Natural resources in the theory of production: the Georgescu-Roegen/Daly versus Solow/Stiglitz controversy," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 26(6), pages 1341-1378, November.
    2. Couix, Quentin, 2020. "Georgescu-Roegen's Flow-Fund Theory of Production in Retrospect," Ecological Economics, Elsevier, vol. 176(C).
    3. Quentin Couix, 2018. "The role of natural resources in production: Georgescu-Roegen/Daly versus Solow/Stiglitz," Documents de travail du Centre d'Economie de la Sorbonne 18001, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    4. Marcelo S. Tedesco & Francisco Javier Ramos Soria, 2023. "Grassroots Innovation Actors: Their Role and Positioning in Economic Ecosystems -- A Comparative Study Through Complex Network Analysis," Papers 2401.06163, arXiv.org, revised Jan 2024.
    5. Suprinyak, Carlos Eduardo, 2022. "Nicholas Georgescu-Roegen, Development Economist," Journal of the History of Economic Thought, Cambridge University Press, vol. 44(2), pages 205-225, June.
    6. Yuliia Maksymiv & Valentyna Yakubiv & Nadia Pylypiv & Iryna Hryhoruk & Iryna Piatnychuk & Nazariy Popadynets, 2021. "Strategic Challenges for Sustainable Governance of the Bioeconomy: Preventing Conflict between SDGs," Sustainability, MDPI, vol. 13(15), pages 1-12, July.

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