J. A. Schumpeter (1908) and Money: Acting as Go-Between?

Cécile Dangel-Hagnauer ()
Additional contact information
Cécile Dangel-Hagnauer: GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur

Post-Print from HAL

Abstract: This paper examines J.A. Schumpeter's theory of money, as expounded in his first book, Das Wesen und der Hauptinhalt der theoretischen Nationalökonomie (The Essence and Main Contents of Theoretical Economics), published in 1908. The book, which offers a presentation of the static analysis of general equilibrium, sparked excitement among the young economists in the German language area, well beyond World War I, leading Schumpeter to act as a link between Walras and the German-speaking world. Interestingly, the book contains one of the first attempts at integrating money into the general equilibrium theory. From this point of view, it would seem that Schumpeter followed in the footsteps of Walras, rather than in Menger's. In fact, his contribution, while inconclusive, is of his own design. In any case, this attempt remains isolated, as Schumpeter will not trod the same path again in his later writings on the theory of money, credit and banking.

Keywords: E40; Schumpeter; monetary theory; general equilibrium B31; D50; équilibre général B31; théorie monétaire (search for similar items in EconPapers)
Date: 2013-06
References: Add references at CitEc
Citations:

Published in Farmacoeconomia e Percorsi Terapeutici, 2013, 2013 (02), pp.199-220. ⟨10.4074/S2113520713012036⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00929824

DOI: 10.4074/S2113520713012036

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().