Lachmann and Schumpeter: Some Reflections
Including a Symposium on Ludwig Lachmann
ISBN: 978-1-78769-862-8, eISBN: 978-1-78769-861-1
Publication date: 19 August 2019
Abstract
In this work, I deal – based on my memories and reflections on Lachmann’s teaching and the ideas that I discussed with him as my dissertation supervisor and member of his weekly departmental seminar – with the following two topics: first, what Lachmann understood by his subjectivist approach to economics and some of its consequences, including the use of the concept of equilibrium in economics; and second, my understanding of Lachmann’s intellectual relationship with Schumpeter. The work also raises questions about the absence in Lachmann’s work of an examination of the role of innovation in the economic process that he analyzed.
Keywords
Citation
Fransman, M. (2019), "Lachmann and Schumpeter: Some Reflections", Including a Symposium on Ludwig Lachmann (Research in the History of Economic Thought and Methodology, Vol. 37B), Emerald Publishing Limited, Leeds, pp. 43-53. https://doi.org/10.1108/S0743-41542019000037B006
Publisher
:Emerald Publishing Limited
Copyright © 2019 Emerald Publishing Limited