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Chris Freeman forging the evolution of evolutionary economics

Author

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  • Francisco Louçã

Abstract

Every Schumpeterian is an evolutionary economist in his or her own way. Chris Freeman, whose 1995 essay is published in this issue of ICC, favored a rare combination of the Cambridge tradition, a Marxian view of inequalities and Schumpeter’s fascination with innovation as the driving force of capitalism. The article summarizes and discusses this combination and how Freeman generated a challenging agenda for contemporary economics, namely in the context of long wave analysis, the theme for his last book.

Suggested Citation

  • Francisco Louçã, 2020. "Chris Freeman forging the evolution of evolutionary economics," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(4), pages 1037-1046.
  • Handle: RePEc:oup:indcch:v:29:y:2020:i:4:p:1037-1046.
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    File URL: http://hdl.handle.net/10.1093/icc/dtaa017
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    Cited by:

    1. Francisco Louçã, 2021. "As time went by - why is the long wave so long?," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 749-771, July.
    2. Louçã, Francisco & Cabral, Ricardo, 2021. "Chris Freeman's concept of evolution–A critique of the misuse of biological analogies in macroeconomics," Research Policy, Elsevier, vol. 50(9).

    More about this item

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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