Industrial and Corporate Change

Nov 5, 2020

Articles in journals

Louçã, F.

Volume 29, Issue 4, August 2020

1037–1046

Every Schumpeterian is an evolutionary economist in his or her own way. Chris Freeman, whose 1995 essay is published in this issue of ICC, favored a rare combination of the Cambridge tradition, a Marxian view of inequalities and Schumpeter’s fascination with innovation as the driving force of capitalism. The article summarizes and discusses this combination and how Freeman generated a challenging agenda for contemporary economics, namely in the context of long wave analysis, the theme for his last book.

B25 - Historical; Institutional; Evolutionary; AustrianB31 - IndividualsB41 - Economic MethodologyE32 - Business Fluctuations; Cycles