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 which the concept of endogeneity can illuminate recent American economic history.
Explores Schumpeter's views as an economist who was, long ago, committed to the notion of the endogeneity of technology.
