Abstract
This paper organizes Schumpeter’s core books in three groups: the programmatic duology, the evolutionary economic duology, and the socioeconomic synthesis. By analysing these groups and their interconnections from the viewpoint of modern evolutionary economics, the paper summarises resolved problems and points at remaining challenges. Its analyses are based on distinctions between microevolution and macroevolution, between economic evolution and socioeconomic coevolution, and between Schumpeter’s three major evolutionary models (called Mark I, Mark II and Mark SC).
Reprinted version from Journal of Evolutionary Economics 22(4), 621-625, Springer (2012)
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Acknowledgements
This paper is based on my presidential address presented at the 13th International Schumpeter Society Conference, Aalborg University, 21–24 June 2010. A revised version was presented at the European Association for Evolutionary Political Economy Conference on Schumpeter’s Heritage, Vienna, 27–30 October 2011. I wish to thank for useful comments given by participants of these conferences. I also thank Palgrave Macmillan for permission to reproduce and modify figures from Andersen (2011) and Anthem Press for permission to modify figures from Andersen (2009).
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Andersen, E.S. (2013). Schumpeter’s Core Works Revisited. In: Pyka, A., Andersen, E. (eds) Long Term Economic Development. Economic Complexity and Evolution. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-35125-9_2
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