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The Graz Schumpeter Lectures


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The Economics of the Good, the Bad and the Ugly: Secrets, Desires, and Second-Mover Advantages

The Economics of the Good, the Bad and the Ugly: Secrets, Desires, and Second-Mover Advantages

1st Edition

Manfred J. Holler
August 02, 2018

The highly praised Western, The Good, the Bad, and the Ugly, has been used in many game-theory courses over the years and has also found its way into leading journals of this field. Using the rich material offered by this movie, alongside other elements from popular culture, literature and history,...

Public Economics in an Age of Austerity

Public Economics in an Age of Austerity

1st Edition

Tony Atkinson
June 28, 2018

Governments all round the world are facing problems with their public finances. At a time of austerity, how much should spending be cut and how much should taxes be raised? Does the national debt represent a burden for future generations? Should taxes on the rich be raised? This book examines how...

Growth, Distribution and Innovations: Understanding their Interrelations

Growth, Distribution and Innovations: Understanding their Interrelations

1st Edition

Amit Bhaduri
September 12, 2014

Idea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth. In his series of lectures, collected here in one concise and engaging book, Amit Bhaduri draws...

Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy

Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy

1st Edition

Richard N. Langlois
June 23, 2014

Co-winner of the 2006 Schumpeter Prize of the International Joseph A. Schumpeter Society. This book explains the shift of the organizational landscape away from vertically integrated firms and towards more specialized entities connected by markets and networks. In doing so, it places in a larger...

Politics and Economics in the History of the European Union

Politics and Economics in the History of the European Union

1st Edition

Alan Milward
October 22, 2012

The Graz-Schumpeter annual lectures have grown in reputation over the years with impressive figures from academia such as Ian Steedman, J. Stanley Metcalfe and Duncan K. Foley contributing their own impressive series of lectures. The books produced as a result of these lectures are no less...

Complex Economics: Individual and Collective Rationality

Complex Economics: Individual and Collective Rationality

1st Edition

Alan Kirman
January 16, 2011

The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct...

Unholy Trinity: Labor, Capital and Land in the New Economy

Unholy Trinity: Labor, Capital and Land in the New Economy

1st Edition

Duncan K. Foley
December 01, 2009

Many of the central results of Classical and Marxian political economy are examples of the self-organization of the capitalist economy as a complex, adaptive system far from equilibrium.An Unholy Trinity explores the relations between contemporary complex systems theory and classical political...

Knowledge, Institutions and Evolution in Economics

Knowledge, Institutions and Evolution in Economics

1st Edition

Brian Loasby
May 23, 2002

Winner of the Schumpeter Prize, 2000 and Winner of the Smith Prize in Austrian Economics, 2000, this book explores how the limitations of human knowledge create both opportunities and problems in the modern economy. The growing field of evolutionary economics has developed as a result of the...

Exchange Rates and International Finance Markets: An Asset-Theoretic Perspective with Schumpeterian Perspective

Exchange Rates and International Finance Markets: An Asset-Theoretic Perspective with Schumpeterian Perspective

1st Edition

Erich Streissler
March 14, 2002

This book poses the important question of whether exchange rates are ultimately tied down by economic fundamentals. In a unique approach the subject is analysed from an asset holder's perspective and Streissler takes the reader through an authoritative and wide-ranging study including:*Friedman's...

Consumption Takes Time: Implications for Economic Theory

Consumption Takes Time: Implications for Economic Theory

1st Edition

Ian Steedman
March 29, 2001

Standard economic theory of consumer behaviour considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more - or less - than 168 hours per week. This simple fact is almost invisible in standard...

Schumpeter and the Endogeneity of Technology: Some American Perspectives

Schumpeter and the Endogeneity of Technology: Some American Perspectives

1st Edition

Nathan Rosenberg
April 06, 2000

Schumpeter's profoundly influential work developed the notion of the endogeneity of technology, and offered illuminating historical analyses of how and why some social systems have managed to generate innovation. This new interpretation explores Schumpeter's central ideas, and examines the ways in...

Evolutionary Economics and Creative Destruction

Evolutionary Economics and Creative Destruction

1st Edition

J. Stanley Metcalfe
January 01, 1998

The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this...

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