IDEAS home Printed from https://ideas.repec.org/a/bla/ajecsc/v73y2014i1p32-57.html
   My bibliography  Save this article

Schumpeter's Challenge to Economists: History, Theory, and Statistics as Key Competencies and Sociology as a Vision for the Future

Author

Listed:
  • Janne Kurtakko

Abstract

Schumpeter wrote that a “scientific” economist is competent in three “techniques”: economic theory, economic history, and statistics. In addition, he mentions economic sociology. The current interpretation is that theory, history, and statistics refer to aspects of research that can emerge in any field of science. Their content and relations can be clarified with Mach's writings. Economic sociology is not a technique within economics, but a part of general sociology. The rationale of economic and general sociology becomes clear by considering Schumpeter's interpretations of Marx's ideas. Schumpeter's ultimate ambition may have been a grand theory following Marx's vision.

Suggested Citation

  • Janne Kurtakko, 2014. "Schumpeter's Challenge to Economists: History, Theory, and Statistics as Key Competencies and Sociology as a Vision for the Future," American Journal of Economics and Sociology, Wiley Blackwell, vol. 73(1), pages 32-57, January.
    • Handle: RePEc:bla:ajecsc:v:73:y:2014:i:1:p:32-57
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/ajes.12060
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Marek Louzek, 2011. "The Battle of Methods in Economics. The Classical Methodenstreit—Menger vs. Schmoller," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(2), pages 439-463, April.
    2. Markus C. Becker & Thorbjørn Knudsen, 2002. "Schumpeter 1911: Farsighted Visions on Economic Development," American Journal of Economics and Sociology, Wiley Blackwell, vol. 61(2), pages 387-403, April.
    3. Shionoya, Yuichi, 2004. "Scope and Method of Schumpeter's Universal Social Science: Economic Sociology, Instrumentalism, and Rhetoric," Journal of the History of Economic Thought, Cambridge University Press, vol. 26(3), pages 331-347, September.
    4. Yuichi Shionoya, 2005. "The Soul of the German Historical School," The European Heritage in Economics and the Social Sciences, Springer, number 978-0-387-23085-6, December.
    5. Joseph Schumpeter, 1909. "On the Concept of Social Value," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 23(2), pages 213-232.
    6. Eric Rahim, 2009. "Marx and Schumpeter: A Comparison of their Theories of Development," Review of Political Economy, Taylor & Francis Journals, vol. 21(1), pages 51-83.
    7. repec:ucp:bkecon:9780226320625 is not listed on IDEAS
    8. Joseph A. Schumpeter, 1949. "The Communist Manifesto in Sociology and Economics," Journal of Political Economy, University of Chicago Press, vol. 57(3), pages 199-199.
    9. Peter Kesting, 2006. "The interdependence between economic analysis and methodology in the work of Joseph A. Schumpeter," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(3), pages 387-410.
    10. Alexander Ebner, 2000. "Schumpeter and the `Schmollerprogramm': integrating theory and history in the analysis of economic development," Journal of Evolutionary Economics, Springer, vol. 10(3), pages 355-372.
    11. Samuelson, Paul A, 1972. "Maximum Principles in Analytical Economics," American Economic Review, American Economic Association, vol. 62(3), pages 249-262, June.
    12. Yuichi Shionoya, 1990. "Instrumentalism in Schumpeter's Economic Methodology," History of Political Economy, Duke University Press, vol. 22(2), pages 187-222, Summer.
    13. Swedberg, Richard, 1995. "Schumpeter's vision of socioeconomics," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 24(4), pages 525-544.
    14. Yuichi Shionoya, 1991. "Schumpeter on Schmoller and Weber: A Methodology of Economic Sociology," History of Political Economy, Duke University Press, vol. 23(2), pages 193-219, Summer.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ádám Török & Boglárka Konka, 2018. "Episode or Hysteresis? Some Theoretical and Policy Lessons from the Crisis of 2008," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 68(supplemen), pages 45-70, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lucarelli, Stefano & Baron, Hervé, 2014. "On Schumpeter’s 'The Past and Future of Social Sciences'. A Schumpeterian Theory of Scientific Development?," MPRA Paper 60391, University Library of Munich, Germany.
    2. Stefano Lucarelli & Alfonso Giuliani & Hervé Baron, 2019. "The past and future of the social sciences. A Schumpeterian theory of scientific development?," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 43(6), pages 1701-1722.
    3. Michaelides, Panayotis G. & Milios, John G., 2005. "The Influence of the German Historical School on Schumpeter," MPRA Paper 74471, University Library of Munich, Germany.
    4. Peter Kesting, 2006. "The interdependence between economic analysis and methodology in the work of Joseph A. Schumpeter," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(3), pages 387-410.
    5. Panayotis G. Michaelides & John G. Milios & Angelos Vouldis & Spyros Lapatsioras, 2010. "Heterodox influences on Schumpeter," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 37(3), pages 197-213, February.
    6. Reinhard Neck, 2021. "Methodological Individualism: Still a Useful Methodology for the Social Sciences?," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 49(4), pages 349-361, December.
    7. Dieter Bögenhold, 2020. "History of Economic Thought as an Analytic Tool: why Past Intellectual Ideas Must Be Acknowledged as Lighthouses for the Future," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 26(1), pages 73-87, February.
    8. Dieter Bögenhold, 2018. "Schumpeter’s Split Between “Pure” Economics and Institutional Economics: Why Methodological Individualism Was Not Fully Considered," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 24(3), pages 253-264, August.
    9. Elen Riot, 2019. "Patterns Of Intention: Oberkampf And Knoll As Schumpeterian Entrepreneurs [Motifs de l'intention: Oberkampf et Knoll comme entrepreneurs schumpétéens. Choix stratégiques et transformations majeures," Post-Print hal-02883082, HAL.
    10. Ebner, Alexander, 2006. "Institutions, entrepreneurship, and the rationale of government: An outline of the Schumpeterian theory of the state," Journal of Economic Behavior & Organization, Elsevier, vol. 59(4), pages 497-515, April.
    11. Dieter Bögenhold & Panayotis G. Michaelides & Theofanis Papageorgiou, 2021. "Schumpeter, Veblen, and Bourdieu on Institutions and the Formation of Habits," Springer Books, in: Neglected Links in Economics and Society, chapter 0, pages 233-259, Springer.
    12. Turan Yay, 2021. "Method and scope in Joseph A. Schumpeter's economics: a pluralist perspective," Post-Print hal-03374881, HAL.
    13. Chris Freeman, 2003. "A Schumpeterian Renaissance?," SPRU Working Paper Series 102, SPRU - Science Policy Research Unit, University of Sussex Business School.
    14. Michaelides, Panayotis G. & Theologou, Kostas, 2009. "Joseph Schumpeter and Gabriel Tarde on Technological Change and Social Evolution," MPRA Paper 67189, University Library of Munich, Germany.
    15. Nocetti, Diego C., 2013. "The LeChatelier principle for changes in risk," Journal of Mathematical Economics, Elsevier, vol. 49(6), pages 460-466.
    16. Vincent Carret, 2021. "Rupture and continuity in the original divide between micro-dynamics and macro-dynamics," Working Papers halshs-03242180, HAL.
    17. repec:voc:wpaper:tech82012 is not listed on IDEAS
    18. Martin Flodén, 2006. "Labour Supply and Saving Under Uncertainty," Economic Journal, Royal Economic Society, vol. 116(513), pages 721-737, July.
    19. Thiago Dumont Oliveira & Carlos Eduardo Suprinyak, 2016. "Lionel Robbins’ first-step individualism and the prehistory of microfoundations," Textos para Discussão Cedeplar-UFMG 537, Cedeplar, Universidade Federal de Minas Gerais.
    20. Jack High, 2011. "Dr. Anderson and the Austrians: Price formation as a cumulative process," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 24(2), pages 199-211, June.
    21. Andreas Koulouris & Ioannis Katerelos & Theodore Tsekeris, 2013. "Multi-Equilibria Regulation Agent-Based Model of Opinion Dynamics in Social Networks," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 11(1), pages 51-70.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ajecsc:v:73:y:2014:i:1:p:32-57. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.