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Neo-Schumpeterian price theory with Sraffian and post-Keynesian elements

Harry Bloch ()

Journal of Evolutionary Economics, 2018, vol. 28, issue 5, 1035-1051

Abstract: Abstract This paper contributes to the development of a neo-Schumpeterian price theory by combining elements of Sraffian and post-Keynesian price theory with elements drawn from Schumpeter’s own theory of prices. The result is an integrated heterodox approach to price theory incorporating the realism of post-Keynesian pricing rules and the rigour of Sraffa’s formal modelling, along with Schumpeter’s insight that capitalism develops “from within” in a disruptive and uneven manner.

Keywords: Schumpeter; Price theory; Sraffa; Post-Keynesian (search for similar items in EconPapers)
JEL-codes: D40 O30 B52 (search for similar items in EconPapers)
Date: 2018
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Journal of Evolutionary Economics is currently edited by Uwe Cantner, Elias Dinopoulos, Horst Hanusch and Luigi Orsenigo

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Handle: RePEc:spr:joevec:v:28:y:2018:i:5:d:10.1007_s00191-017-0545-1