The model that this paper sets out is based on a combination of the Schumpeterian creative destruction and the neo-Austrian notion of market process. It gives a formalization of the succession innovation-structural organization and its endogenous mechanism, crucial to explain economic growth and...

This essay begins with an examination of the differences between natural reality and social reality, but along lines different from those of the traditional Methodenstreit . The aim is to clarify the methodological implications of these differences, which appear essential to proper motivation of...

Sets out a model giving an interpretation of the engine of economic development and growth, and business cycle. Based on a peculiar concept of dynamic competition, explains innovation and uncertainty and describes the way equilibrating and disequilibrating processes are intertwined and operate....