Innovations and profits. Schumpeter and the classical heritage

Journal of Economic Behavior and Organization

Volumn 67, Issue 1, 2008, Pages 263-278

  Kurz, Heinz D ^a  

^a UNIVERSITY OF GRAZ   (Austria)

Author keywords

Classical economics; Competition; Innovations; Inventions; Profits; Schumpeter; Technical progress; Unintended consequences; Wages; Waste disposal

Indexed keywords

EID: 44649152897     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jebo.2007.08.003     Document Type: Article

References (31)

1. Böhm-Bawerk, E.v., 1885, 1889. Kapital und Kapitalzins, two vols, 4th ed. Wagner, Innsbruck, 1921, Jena: Fischer. Translation of 4th ed. as Capital and Interest 1959. Libertarian Press, South Holland, Illinois.
2. Burgstaller, A., 1994. Property and Prices. Toward a Unified Theory of Value. Cambridge University Press, Cambridge.
3. Coase R. Adam Smith's view of man. Journal of Law and Economics 19 (1976) 529-546
4. Gehrke C. The Ricardo effect: its meaning and validity. Economica 70 (2003) 143-158
5. Hayek, F.A., 1931. Prices and Production. George Routledge and Sons, London.
6. Howe, M.J.A., 1999. Genius Explained. Cambridge University Press, Cambridge.
7. Kurz, H.D., 2005. Joseph A. Schumpeter. Sozialökonom zwischen Marx und Walras. Metropolis, Marburg.
8. Kurz H.D. Goods and bads: sundry observations on joint production, waste disposal, and renewable and exhaustible resources. Progress in Industrial Ecology 3 4 (2006) 280-301
9. Kurz, H.D., Salvadori, N., 1995. Theory of Production. A Long-period Analysis. Cambridge University Press, Cambridge (revised paperback ed., 1997).
10. Kurz H.D., and Salvadori N. Classical economics and the problem of exhaustible resources. Metroeconomica 52 3 (2001) 282-296
11. Kurz H.D., and Salvadori N. Endogenous growth in a stylized "classical" model. In: Stathakis G., and Vaggi G. (Eds). Economic Development and Social Change: Historical Roots and Modern Perspectives (2006), Routledge, London 106-124
12. Kuznets S. Schumpeter's Business Cycles. American Economic Review 30 (1940) 257-271
13. Marx, K., 1967. Capital, vol. I. International Publishers, New York.
14. Marx, K., 1972. Theories of Surplus Value. Part 3. Lawrence and Wishart, London.
15. Nelson, R.R., 2005. Technology, Institutions, and Economic Growth. Harvard University Press, Cambridge.
16. Ricardo, D., 1951. On the principles of political economy and taxation. In: Sraffa, P. (Ed.), The Works and Correspondence of David Ricardo, vol. I. Cambridge University Press, Cambridge (with the collaboration of M.H. Dobb) (1st ed., 1817; 3rd ed., 1821).
17. Rieter, H., 1985. Hypothesen zur Erwartungsbildung bei Keynes und Schumpeter. In: Scherf, H. (Ed.), Drei Jubiläen (1983): Karl Marx-Joseph Schumpeter-John Maynard Keynes. Studien zur Entwicklung der ökonomischen Theorie IV. Duncker and Humblot, Berlin, pp. 27-72.
18. Schumpeter, J.A., 1908. Das Wesen und der Hauptinhalt der theoretischen Nationalökonomie. Duncker and Humblot, Leipzig.
19. Schumpeter, J.A., 1912. Theorie der wirtschaftlichen Entwicklung. Duncker and Humblot, Munich and Leipzig (in fact already published in 1911; 2nd ed., 1926).
20. Schumpeter, J.A., 1934. The Theory of Economic Development. An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Harvard University Press, Cambridge, MA. Reprinted 1983, Transaction Inc.
21. Schumpeter, J.A., 1939. Business Cycles. A Theoretical, Historical and Statistical Analysis of the Capitalist Process, two vols. McGraw-Hill, New York.
22. Schumpeter, J.A., 1954. History of Economic Analysis. Oxford University Press, New York.
23. Smith A. An Inquiry into the Nature and Causes of the Wealth of Nations. In: Campbell R.H., Skinner A.S., and Todd W.B. (Eds). The Glasgow Edition of the Works and Correspondence of Adam Smith vol. II (1976), Oxford University Press, Oxford (1st ed., 1776)
24. Sraffa P. Sulle relazioni fra costo e quantità prodotta. Annali di Economia 2 (1925) 277-328
25. Sraffa P. The laws of returns under competitive conditions. Economic Journal 36 (1926) 535-550
26. Sraffa P. Dr. Hayek on money and capital. Economic Journal 42 (1932) 42-53
27. Sraffa, P., 1960. Production of Commodities by Means of Commodities. Cambridge University Press, Cambridge.
28. Streissler E.W. The influence of German and Austrian economics on Joseph A. Schumpeter. In: Shionoya Y., and Perlman M. (Eds). Schumpeter and the History of Ideas (1994), The University of Michigan Press, Ann Arbor 13-40
29. Walras, L., 1954. Elements of Pure Economics. Allen and Unwin, London (English translation by W. Jaffé of the 5th and definitive Edition of Walras's Éléments d'économie politique pure, 1924; 1st ed., 1874).
30. Weitzman M. Recombinant growth. Quarterly Journal of Economics 113 (1998) 331-360
31. Wieser, F.v., 1884. Über den Ursprung und die Hauptgesetze des wirthschaftlichen Werthes. Alfred Hölder, Vienna.