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Schumpeter on the integration of theory and history

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  • Mario da Graca Moura

Abstract

This paper assesses Joseph Schumpeter's agenda for the integration of theory and history. On the basis of a critical realist conception of the nature of historical theory it is argued that Schumpeter's aims are at odds with his analytical strategy: his implicit ontology cannot be reconciled with his conception of theory. An illustration is provided as to how this mismatch is reproduced in Schumpeter's substantive attempts to integrate theory and history, and brief reflections are offered as to why this mismatch arose and endured.

Suggested Citation

  • Mario da Graca Moura, 2003. "Schumpeter on the integration of theory and history," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 10(2), pages 279-301.
    • Handle: RePEc:taf:eujhet:v:10:y:2003:i:2:p:279-301
    DOI: 10.1080/0967256032000066909
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    Cited by:

    1. Madarász, Aladár, 2008. "Visszatérhet-e a "nagy elmélet" a közgazdaságtanban?. Megjegyzések a rendszerparadigma elmélettörténetéhez [Can the grand theory" return to economics?. Notes on the theoretical histo," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 95-106.

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