economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and … whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that …Provisional: 1. Key Features of J. A. Schumpeter’s Theory of Economic Development: Its Genesis and Modern Theoretical …

Contents -- Theory of Innovation -- Innovation Models -- Schumpeterian Innovation -- Endogenous Innovation …The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In … discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and …

theory. This theory adopts three postulates: rational expectations, perfect price flexibility, and exclusion of the money in … author unifies Keynesian and monetarist theories within the same framework. The book applies the above basic theory to … international macroeconomics and economic growth theory. New Keynesian theory contains logical inconsistencies: menu costs that have …

This book takes a new look at the golden age in neoclassical growth theory and explores in detail sustainability and …

global crisis presented by the monetary circuit theory, with a special emphasis on Minsky’s financial instability hypothesis …. The authors present a commentary on Keynes’s General Theory with an emphasis on his theory of the scarcity of capital, his …