TITLE

Schumpeter on How to Come out of the 2011 Crisis: A Possible Turning Point: Examples and Theories in a Country like Italy

AUTHOR(S)
Scarnicci, Manuela Ciani
PUB. DATE
October 2012
SOURCE
International Journal of Humanities & Social Science;Oct2012, Vol. 2 Issue 19, p283
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
After 2008 a lot of economists of the past made a comeback. Indeed, after this phase everybody acclaimed John Maynard Keynes's theories (1883-1946). The crisis of 2011, with strong budgetary deficits of different countries, neglected Keynes's theories, not because these ones are wrong, but only because at the moment, they are lacking in applicability. In today's world, we need pragmatism. An author, on the other hand, who should be considered to urge economy during this new crisis is Joseph Alois Schumpeter (1883-1950). The experiences examined such as those of Furpile S.p.a. and Rohan S.r.l. or those of Professor Annalisa Romani's Research Centre at the University of Florence showed how Schumpeter's theories on innovation can delineate one of the keys to resolve the crisis.
ACCESSION #
87977608

 

Related Articles

  • THE NEW SPIRIT OF ECONOMICS. LASN, KALLE; FLEET, DARREN // Adbusters Canada;Nov/Dec2011, Vol. 19 Issue 6, p46 

    The article offers information on various discussions regarding economics. It mentions the insights of welfare state champion Jon Maynard Keynes on the role of "animal spirits" in the economics, and Joseph Schumpeter cites creative destruction on capitalism. Moreover, it features the connections...

  • Schumpeter's Theory of Economic Development: 100 years of development. Becker, Markus; Knudsen, Thorbjørn; Swedberg, Richard // Journal of Evolutionary Economics;Nov2012, Vol. 22 Issue 5, p917 

    This article sheds light on the impact of Schumpeter's Theory of Economic Development over the last 100 years, and identifies insights from that work that are less well-known, but that have the potential for informing current developments in evolutionary economics. We identify these insights by...

  • The End of Rational Capitalism. Foster, John Bellamy // Monthly Review: An Independent Socialist Magazine;Mar2005, Vol. 56 Issue 10, p1 

    Focuses on the concept of rational capitalism. Background of economists John Maynard Keynes and Joseph Schumpeter, proponents of the economic ideology; Discussion of Keynesianism which views social democracy and the welfare state as manifestations of capitalist rationality; Views of Schumpeter...

  • The End of Rational Capitalism. Foster, John Bellamy // Monthly Review: An Independent Socialist Magazine;Mar2005, Vol. 56 Issue 10, p1 

    Focuses on the concept of rational capitalism. Background of economists John Maynard Keynes and Joseph Schumpeter, proponents of the economic ideology; Discussion of Keynesianism which views social democracy and the welfare state as manifestations of capitalist rationality; Views of Schumpeter...

  • Hans Singer's debts to Schumpeter and Keynes. Toye, John // Cambridge Journal of Economics;Nov2006, Vol. 30 Issue 6, p819 

    This essay discusses Hans Singer's intellectual formation and the influences on his early writings and on his post-1947 development economics. It asks what impact the unusual experience of studying with both Schumpeter and Keynes had upon his subsequent economic thinking and practice. It argues...

  • Economic debate is missing a beat. BEN-AMI, DANIEL // Fund Strategy;11/14/2011, p28 

    The article discusses the ideas of former Austrian finance minister Joseph Alois Schumpeter about capitalism and the role of bail-outs in addressing the global financial crisis. It states that contemporary economic debates revolve between the views of economists John Maynard Keynes and Friedrich...

  • Schumpeter's new combinations. Kurz, Heinz // Journal of Evolutionary Economics;Nov2012, Vol. 22 Issue 5, p871 

    The paper focuses attention on Schumpeter's achievements in his classic contribution and how these relate to the contributions of other major authors. While deeply indebted to Marx's vision of capitalism as a system incessantly in travail, Schumpeter was no 'Marxist'. He shared Böhm's view...

  • LA TEORÍA GENERAL DE LA DINÁMICA ECONÓMICA DE BERNARD LONERGAN: ACASO COMPLETA A HAYEK, KEYNES Y SCHUMPETER? UNA INTERPRETACIÓN. DENEEVE, EILEEN // Universitas Philosophica;dic2009, Vol. 26 Issue 53, p145 

    Lonergan's general theory of dynamic economics is built on the work Hayek, Keynes and Schumpeter did on cycles and development. But his normative approach is more systematic and explains growth and development through a pure cycle with its functional distinction and relation between basic and...

  • Economics and Political Economy: Marx, Keynes, and Schumpeter. Heilbroner, Robert L. // Journal of Economic Issues (Association for Evolutionary Economi;Sep84, Vol. 18 Issue 3, p681 

    Economics is an inquiry into the consequences of foreseeable behavioral paths in settings in which there are clearly perceived constraints. The difference is that the author believes the conceptual elements of the investigation, the specification of the relationships into which the social actors...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics