000 01236cam a2200157 4500500
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041 _afre
042 _adc
100 1 0 _aPotier, Jean-Pierre
_eauthor
245 0 0 _aJoseph A. Schumpeter and the Economic Climate of the 1930s-1940s
260 _c2015.
500 _a100
520 _aThe Great Recession triggered by the u.s. subprime crisis and its consequences give rise to new questions which lead us to the problem of stagnation and economic decline. Therefore it is useful to revisit the analysis proposed by Joseph Schumpeter about the economic situation of the 1930s and 1940s. Is it for him a Kondratiev depression analogous to that of the period 1873-1897? Or are we dealing with the coming of a secular stagnation, as it is supported by Alvin H. Hansen? This study analyses the criticisms by Schumpeter of the arguments defended by Hansen. It gives also the opportunity to remind the Schumpeterian decline thesis, based on the degeneration of the capitalist order.Classification JEL : B 15, B 19, O 43
786 0 _nRevue économique | 66 | 5 | 2015-09-01 | p. 993-1019 | 0035-2764
856 4 1 _uhttps://shs.cairn.info/journal-revue-economique-2015-5-page-993?lang=en&redirect-ssocas=7080
999 _c546239
_d546239