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Marshall and Schumpeter on Evolution - Economic Sociology of Capitalist Development (Hardcover)
Loot Price: R3,732
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Marshall and Schumpeter on Evolution - Economic Sociology of Capitalist Development (Hardcover)
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Traditionally it was understood that while Marshall was the
synthesizer of neoclassical economics, Schumpeter challenged the
dynamic conception of the economy in place of the static structure
of economics. While historians of economic thought rarely discuss
the work of Alfred Marshall and Joseph Schumpeter jointly, the
contributors to this book do exactly this from the perspective of
evolutionary thought. This unique and original work contends that,
despite the differences between Marshallian and Schumpeterian
thinking, they both present formidable challenges to a broad type
of social science beyond economics, particularly under the
influence of the German historical school. In a departure from the
received view on the nature of the works of Marshall and
Schumpeter, the contributors explore their themes in terms of an
evolutionary vision and method of evolution; social science and
evolution; conceptions of evolution; and evolution and capitalism.
This timely resource will provide a stimulus not only to Marshall
and Schumpeter scholarship within the history of economic thought
but also to the recent efforts of economists to explore a research
field beyond mainstream equilibrium economics. It will therefore
prove a fascinating read for academics, students and researchers of
evolutionary and heterodox economics and historians of economic
thought.
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