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Book contents
- Frontmatter
- Contents
- List of Figures
- List of Tables
- Preface
- Acknowledgements
- Abbreviations
- 1 Introduction
- I Equilibrium Economics and Evolutionary Economics
- II The Evolutionary Trilogy
- III Works in Progress
- 10 Schumpeter and the Years of High Theory
- 11 Evolutionary Analysis and the History of Economics
- 12 Beyond Schumpeter's Evolutionary Economics
- Appendices
- Schumpeter's Works
- Other References
- Index of Schumpeter's Works
- Index of Persons
11 - Evolutionary Analysis and the History of Economics
from III - Works in Progress
Published online by Cambridge University Press: 05 March 2012
- Frontmatter
- Contents
- List of Figures
- List of Tables
- Preface
- Acknowledgements
- Abbreviations
- 1 Introduction
- I Equilibrium Economics and Evolutionary Economics
- II The Evolutionary Trilogy
- III Works in Progress
- 10 Schumpeter and the Years of High Theory
- 11 Evolutionary Analysis and the History of Economics
- 12 Beyond Schumpeter's Evolutionary Economics
- Appendices
- Schumpeter's Works
- Other References
- Index of Schumpeter's Works
- Index of Persons
Summary
The coherence of the present book would have increased if Schumpeter's History of Economic Analysis could, in some way, have been presented as an extension of Development, Cycles, and Capitalism. However, he did not extend the evolutionary trilogy into a quatrology. Actually, the 1260 pages of History do not even contain the elements of a smaller book on the ‘History of Evolutionary Economic Analysis’. In order to exploit the potentials of History, we have to step back from Schumpeter's evolutionary trilogy and consider his double programme for the science of economics. This programme had in Wesen been described as the refinement of equilibrium economics and the creation of evolutionary economics. Since he could not describe the history of something that does not yet exist, the historical addendum to his research programme had to focus on equilibrium economics. The first version of Schumpeter's complement emerged before World War I in Doctrine. His early task, commissioned by Max Weber, had been to overcome the confusing battle of methods. The self-assigned task of History seems to have been to overcome the confusion of the period 1926–39, which, in Section 10.2, was called the years of high theory and high econometrics. After this period, “[t]he field looks like a big building plot all covered with ruins and half-completed new structures” (S1948b, 95).
- Type
- Chapter
- Information
- Schumpeter's Evolutionary EconomicsA Theoretical, Historical and Statistical Analysis of the Engine of Capitalism, pp. 327 - 368Publisher: Anthem PressPrint publication year: 2009