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The Graz Schumpeter Lectures


About the Series

The Graz Schumpeter Lectures are designed to inform the scientific community about advances in particularly dynamic fields of research. The lectures focus on new and promising lines of research in the social sciences, novel methods of analysis and the use that can be made of analytical findings to improve economic and social policy.

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Consumption Takes Time Implications for Economic Theory

Consumption Takes Time: Implications for Economic Theory

1st Edition

By Ian Steedman
May 02, 2001

Standard economic theory of consumer behaviour considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more - or less - than 168 hours per week. This simple fact is almost invisible in standard ...

Schumpeter and the Endogeneity of Technology Some American Perspectives

Schumpeter and the Endogeneity of Technology: Some American Perspectives

1st Edition

By Nathan Rosenberg
June 14, 2000

Schumpeter's profoundly influential work developed the notion of the endogeneity of technology, and offered illuminating historical analyses of how and why some social systems have managed to generate innovation. This new interpretation explores Schumpeter's central ideas, and examines the ways in ...

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