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The expert contributors gathered here approach underdevelopment and inequality from different evolutionary perspectives. It is argued that the Schumpeterian processes of 'creative destruction' may take the form of wealth creation in one part of the globe and wealth destruction in another. Case...
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within a dynamical system approach to the Arrow-Debreu theory of general equilibrium. In this framework two basic forms of … economic life studied by Schumpeter, i.e., the circular flow and economic development are investigated as specific properties …
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of the Arrow-Debreu theory of general equilibrium. To study changes in the production sector, as well as in the whole … Schumpeterian evolution in the conceptual apparatus of Hurwicz’s theory of economic mechanisms. The paper is aimed at expanding our … general equilibrium theory and Hurwicz’s approach to the problem of designing economic mechanisms, the paper takes the form of …
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Cycles and Crises -- What to do About Business Cycles? -- Schumpeter’s Business Cycle Theory. Its Importance for our Time …’s Theory of the Decay of Capitalism -- IV Money and Economic Policy -- Schumpeter’s Monetary Theory: An Unjustly Neglected Part …I Schumpeter in our Time -- Schumpeter and the Economic Problems of Today -- II Entrepreneurship -- Schumpeter …
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