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- W2040735404 abstract "The goal of this paper is to analyze the economic instability of capitalism in Keynes and Schumpeter. For Keynes, the role of expectations is important because investment decisions are made on the basis of the future incomes one “hopes” to obtain from a given amount of capital. This means that the income generated in the previous period will not necessarily have to be spent, since the investments may not be made, given investors’ expectations. As a result of the unstable nature of the economy, state intervention may be required, above all to correct the inadequacy of effective demand. For Schumpeter, on the other hand, instability is" @default.
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- W2040735404 date "2004-10-08" @default.
- W2040735404 modified "2023-10-02" @default.
- W2040735404 title "A questão da instabilidade econômica em Keynes e Schumpeter" @default.
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- W2040735404 doi "https://doi.org/10.11132/rea.2002.60" @default.
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