Purpose – Joseph Alois Schumpeter's ideas are in the discussion agenda of various economists working in different theoretical traditions. However, several aspects of his work remain unexplored. In particular, the origin of his ideas in the context of the then prevalent economic theories of the...

This paper focuses on the thinking of Emil Lederer, one of the leading academic socialists of Germany in the 1920s. Lederer's views on economic development, technical change, credit and business cycles are compared to those of Schumpeter. The paper traces the roots of some of their ideas back to...

This paper compares Joseph Schumpeter and Emil Lederer with respect to their visions concerning the notions of economic growth, technology and business cycles. Their theoretical investigations in a number of thematic areas seem to converge to similar views. More precisely, both Schumpeter and...

Purpose – This paper aims to analyze Emil Lederer's and Sumner Slichter's theses on the concept of technological unemployment. Design/methodology/approach – Given the presence of core elements of both economists' visions in the famous Debate on Technological Unemployment (1928-1933), it is...

<title>Abstract</title> Emil Lederer was characterized as the “leading academic socialist of Germany in the 1920’s” by Joseph Schumpeter and was a highly respected economist of his time. However, most aspects of his work remain totally unexplored. This paper focuses on Emil Lederer’s theory of economic...

This paper deals with business cycle synchronization and clustering in Europe. It makes an attempt to answer some fundamental economic questions regarding European countries' business cycles in the 1960-2009 time span, by breaking the period down into three sub-periods based on major...

So far Schumpeter's affinities with the German Historical School (GHS) have been inadequately acknowledged or even unexplored in major accounts of Schumpeter's work. This essay argues that Schumpeter formulated some of his principal theses in accordance with the conceptual framework of the GHS....

Purpose – The purpose of this paper is to deal with questions of instability and economic crises, deriving theoretical arguments from Marx's and Schumpeter's works and presenting relevant empirical evidence for the case of the US food manufacturing sector. Design/methodology/approach – The...