"Not afraid of the impossible" : Ragnar Frisch, 1895-1973 -- The emergence of social physics : the econometric people are assembled -- The years of high theory -- What counts is what can be counted -- Particles or humans : paradoxes of mechanics -- Challenging Keynes : the econometric movement...

The modern concept of innovation is a crucial part of the analysis of capitalism as an adaptive system, and it is due to Schumpeter. Consequently, Schumpeter's role as a “prophet of innovation” has been rightly emphasized. This paper contributes to that history presenting some of the...