Kovács, Olivér (2026) Mastering the Spirited Horse: A Review of The Economics of Creative Destruction. JOURNAL OF EVOLUTIONARY ECONOMICS, 36. No. 31. ISSN 0936-9937
|
Text
mastering.pdf - Published Version Available under License Creative Commons Attribution. Download (745kB) | Preview |
Abstract
The publication of The Economics of Creative Destruction (2023), edited by Ufuk Akcigit and John Van Reenen, represents a definitive summation of the endogenous growth revolution initiated by Philippe Aghion and Peter Howitt in 1992. This comprehensive volume centers Joseph Schumpeter’s concept of creative destruction – the process by which innovation disrupts existing structures to pave the way for the new – and offers a rigorous framework for understanding productivity, inequality, and environmental sustainability. Our review aims at highlighting the volume’s revelatory power by synthesizing its nine parts through the lens of evolutionary economics. To this end, we explore the book’s hidden advocacy for a shift from quantitative to qualitative growth, and conclude by examining the critical nexus between Schumpeterian dynamism and the concept of degrowth.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Degrowth , Qualitative growth , Innovation ,Capitalism , Creative destruction |
| Subjects: | H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány > HB1 Macroeconomics / makroökonómia H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány > HB3 Economic systems / gazdasági rendszerek H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány > HB4 Dynamics of the economy / gazdasági folyamatok H Social Sciences / társadalomtudományok > HC Economic History and Conditions / gazdaság története és alapelvek |
| Depositing User: | Dr. Olivér Kovács |
| Date Deposited: | 07 Sep 2026 20:35 |
| Last Modified: | 07 Sep 2026 20:35 |
| URI: | https://real.mtak.hu/id/eprint/245580 |
Actions (login required)
 |
View Item |
