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Jun 19, 2013 · This article is more than 10 years old. THE TWO GREATEST economists of this century, Joseph A. Schumpeter and John Maynard Keynes, were born, only a few months apart, a hundred years ago ...
Dec 1, 2009 · Keynes was viewed by himself, Schumpeter, and most others as the most highly esteemed economist of the twentieth century. However, Schumpeter is receiving increasing attention from mainstream economists. A few specific examples are discussed, and the citation time series for Keynes and Schumpeter are compared for the period 1956 through 2006.
- Arthur M. Diamond
- 2009
SCHUMPETER VS. KEYNES: “IN THE LONG RUN NOT ALL OF US ARE DEAD” - Volume 31 Issue 4
- Arthur M. Diamond
- 2009
Keynes and Schumpeter are compared for the period 1956 through 2006. Generally, Ke ynes. receives more citations than Schumpeter from 1956 thr ough roughly the mid-1990s. But. subsequently until ...
Karl Marx confirmed Keynes’ hypothesis, by dying in 1883, the same year in which Keynes and Joseph Schumpeter were born. The coincidence of three such important events for the economics profession has not gone unnoticed, and served as the stimulus for at least two academic conferences.2 The economists share more than 1883.
- Arthur Diamond
1 Introduction cycles was looked upon by John Maynard Keynes and is Joseph widely agreed that the western capitalist world is at. present undergoing its severest financial crisis since the Wall. Schumpeter, each of whom wrote masterly tracts. Street on crash the of 1929.
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One key difference between the two is that Keynes was a convinced liberal who retained his faith in freedom (even if his some of his critics saw fit to doubt his lifelong commitment). By contrast Schumpeter, with his first-hand experience of continental Europe between the Wars, strikes the reader as a much more cynical observer of human affairs.
