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The Salvage of Ideas: Schumpeter and the Core Problems Still Confronting Economics

https://doi.org/10.32609/0042-8736-2003-11-15-26

Abstract

Two aspects of Schumpeter' legacy are analyzed in the article. On the one hand, he can be viewed as the custodian of the neoclassical harvest supplementing to its stock of inherited knowledge. On the other hand, the innovative character of his works is emphasized that allows to consider him a proponent of hetherodoxy. It is stressed that Schumpeter's revolutionary challenge can lead to radical changes in modern economics.

About the Author

P. Wynarczyk
Newcastle Business School at Northumbria University
United Kingdom


References

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Review

For citations:


Wynarczyk P. The Salvage of Ideas: Schumpeter and the Core Problems Still Confronting Economics. Voprosy Ekonomiki. 2003;(11):15-26. (In Russ.) https://doi.org/10.32609/0042-8736-2003-11-15-26

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ISSN 0042-8736 (Print)