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- W3139702919 abstract "Schumpeter had a clear vision of the developing economy, but he did not formalize it. The quest for a germane formal basis is in the following guided by the general question: what is the minimum set of foundational propositions for a consistent reconstruction of the evolving money economy? We start with three structural axioms. The claim of generality entails that it should be possible to free Schumpeter’s approach from its irksomeWalrasian legacy and to give a consistent formal account of the elementary circular flow that served him as a backdrop for the analysis of the entrepreneur-driven market system." @default.
- W3139702919 created "2021-04-13" @default.
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- W3139702919 date "2011-01-01" @default.
- W3139702919 modified "2023-09-26" @default.
- W3139702919 title "Schumpeter and the essence of profit" @default.
- W3139702919 hasPublicationYear "2011" @default.
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