1. Introduction -- 2. Technical progress, capital accumulation and income distribution in classical economics : Adam Smith, David Ricardo and Karl Marx -- 3. Joseph A. Schumpeter : an economist between Marx and Walras -- 4. Innovations and profits : Schumpeter and the classical heritage -- 5. On...

pt. 1. Political economy and its critique -- pt. 2. Entrepreneurship, evolution and income distribution -- pt. 3. Cambridge, Keynes and macroeconomics -- pt. 4. Crisis and cycles -- pt. 5. Reflections and reminiscences.

"In the aftermath of the Napoleonic Wars Britain found itself faced with a stagnant economy. Economist David Ricardo believed that the full re-integration of Britain into the world market would allow for both capital accumulation and population growth, and used arguments that anticipate ideas...