Prices in Motion: Towards a Schumpeterian Price Theory

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Prices in Motion: Towards a Schumpeterian Price Theory

To Schumpeter, endogenous development is an essential characteristic of capitalism that disrupts the equilibrium of the circular flow of the economy. Price equilibrium in the circular flow is displaced by an analysis of prices in motion. The diversion of productive inputs from their existing employm...

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Bibliographic Details
Main Author:	Bloch, Harry
Format:	Journal Article
Published:	2016
Online Access:	http://hdl.handle.net/20.500.11937/9266

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