Innovation, creative destruction, and price theory

Our purpose in this paper is to consider developments in price theory required to facilitate the evolutionary analysis of economic change. Evolution is always a matter of change and, although its driving force is innovation, the price mechanism is central to how innovations are resolved into economi...

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Bibliographic Details
Main Authors: Bloch, Harry, Metcalfe, S.
Format: Journal Article
Published: Oxford University Press 2018
Online Access:http://hdl.handle.net/20.500.11937/65549