Money, Banking and Dynamics: Schumpeter vs. Hayek
In the first section we discuss the Wicksellian origins of Schumpeter's and Hayek's approaches to money and banking in the context of dynamic economic analysis. The second section compares the role played by banks and credit in Schumpeter's and Hayek's explanation of economic fluctuations. We conclude by contrasting both authors' perception of economic dynamics.
|Date of creation:||2002|
|Date of revision:|
|Publication status:||Published, The Contribution of Joseph Schumpeter to Economics: Economic Development and Institutional Change, R. Arena and C. Dangel-Hagnauer (Ed.), 2002, 221-240|
|Note:||View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00271359/en/|
|Contact details of provider:|| Web page: http://hal.archives-ouvertes.fr/|
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.:
- Laidler, D., 1992. "Hayek on Neutral Money and the Cycle," UWO Department of Economics Working Papers 9206, University of Western Ontario, Department of Economics.
When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00271359. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)
If references are entirely missing, you can add them using this form.