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Business/Investing Marshall and Schumpeter on Evolution: Economic Sociology of Capitalist Development

Posted on 2010-03-16




Name:Business/Investing Marshall and Schumpeter on Evolution: Economic Sociology of Capitalist Development
ASIN/ISBN:1847208134
Language:English
File size:4.4 Mb
Publisher: Edward Elgar
ISBN: 1847208134
Publish Date: edition 2009
File Type: PDF
Pages: 285 pages
File Size: 4,4 mb
   Business/Investing Marshall and Schumpeter on Evolution: Economic Sociology of Capitalist Development

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Marshall and Schumpeter on Evolution: Economic Sociology of Capitalist Development

This collection of essays offers a fresh and challenging interpretation which departs from the received views of two giants - among the greatest economists of all times. Distinguished scholars of Marshall and Schumpeter engage in a lively discussion of their work and convincingly argue that, despite their differences, they shared a common drive towards a broader type of social science beyond economics. It is an intriguing account that will not fail to attract and fascinate the majority of readers.Traditionally it was understood that while Marshall was the synthesizer of neoclassical economics, Schumpeter challenged the dynamic conception of the economy in place of the static structure of economics. While historians of economic thought rarely discuss the work of Alfred Marshall and Joseph Schumpeter jointly, the contributors to this book do exactly this from the perspective of evolutionary thought. This unique and original work contends that, despite the differences between Marshallian and Schumpeterian thinking, they both present formidable challenges to a broad type of social science beyond economics, particularly under the influence of the German historical school. In a departure from the received view on the nature of the works of Marshall and Schumpeter, the contributors explore their themes in terms of an evolutionary vision and method of evolution; social science and evolution; conceptions of evolution; and evolution and capitalism.

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