Journal of Evolutionary Economics

, Volume 25, Issue 1, pp 229–237 | Cite as

Eduard März and Joseph Schumpeter

  • Kurt Rothschild
Regular Article


The paper starts off with a portrayal of Eduard März’ life in Vienna and of the impact that environment had on his early scientific work. The paper proposes that the shared experience had a strong bearing on the relationship between the student M¨arz, “that fascinating immigrant” (James Tobin), and his teacher Schumpeter, the “high priest of his science” (M¨arz). The paper highlights the various facets of this unique relationship including the interesting differences in the interpretations of the student and his teacher regards Marxian theory, Austro-Marxism and social policy.


Eduard März Joseph A. Schumpeter Schumpeterian economics Austrian economics Marxist theory Austro-Marxism Social policy 

JEL Classification

A13 B13 B14 B25 J08 


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Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  • Kurt Rothschild
    • 1
  1. 1.Johannes Kepler Universität LinzLinzAustria

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