Munich Personal RePEc Archive

Going for the Juglar: Keynes, Schumpeter and the Theoretical Crisis of Economics

Freeman, Alan (2015): Going for the Juglar: Keynes, Schumpeter and the Theoretical Crisis of Economics.

This is the latest version of this item.

[img]
Preview
PDF
MPRA_paper_64809.pdf

Download (465kB) | Preview

Abstract

This paper was presented in the session on ‘Long Waves in Political Economy’ organised by Ingo Schmidt at the Congress of the Humanities and Social Sciences, Ottawa, June 1-4 2015. It discusses the ‘theoretical turn’ towards state intervention in the last Great Depression and the need for clarity about the underlying views of Keynes and Schumpeter – two of the major opposed players in that theoretical turn. It argues that primary function of economics as an esoteric discipline disguises the essence of these underlying theoretical positions. Thus in order to make a rational and evidence-based connection between theory and policy, attention both to interpretation and to assertive pluralism is indispensable.

Available Versions of this Item

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.