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Schumpeter and the pendulum: how evolution was whipped out in the construction of canonical economics

In: Evolution and Path Dependence in Economic Ideas

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  • Francisco Louçã

Abstract

Since the 1980s there has been a renewed interest in attempts to introduce a sense of history into economic literature. In this book, the authors argue that it is not possible to explain a state of the world without first analysing the processes that lead to that state. The contributions collected in this volume share a critical stance towards the timelessness and a historical theorizing of mainstream economics.

Suggested Citation

  • Francisco Louçã, 2001. "Schumpeter and the pendulum: how evolution was whipped out in the construction of canonical economics," Chapters, in: Pierre Garrouste & Stavros Ioannides (ed.), Evolution and Path Dependence in Economic Ideas, chapter 4, pages 71-90, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:1790_4
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    Economics and Finance;

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