Innovation, Real Primary Commodity Prices and Business Cycles

Bloch, Harry; Sapsford, David

doi:10.2139/ssrn.1715234

SSRN Journal

2010

DOI: 10.2139/ssrn.1715234

|View full text |Cite

Innovation, Real Primary Commodity Prices and Business Cycles

Harry Bloch

David Sapsford

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2016

Publication Types

Select...

Article1

Relationship

Self Cite1

Independent0

Authors

Journals

Cited by 1 publication

(1 citation statement)

References 13 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“… For a discussion of the behaviour of primary commodity prices over the Kondratieff cycles of the past few centuries, see Bloch and Sapsford ().…”

mentioning

confidence: 99%

Prices In Motion: Towards A Schumpeterian Price Theory

Bloch

2016

Metroeconomica

Self Cite

View full text Add to dashboard Cite

To Schumpeter, endogenous development is an essential characteristic of capitalism that disrupts the equilibrium of the circular flow of the economy. Price equilibrium in the circular flow is displaced by an analysis of prices in motion. The diversion of productive inputs from their existing employment through competition from entrepreneurs and the process of creative destruction both impact on prices throughout the economy and generate business cycles. While Schumpeters theory of the business cycle and, implicitly, his price theory, have been heavily criticized, this article suggests a way forward to a revised theory of prices in motion.

show abstract

“… For a discussion of the behaviour of primary commodity prices over the Kondratieff cycles of the past few centuries, see Bloch and Sapsford ().…”

mentioning

confidence: 99%

Prices In Motion: Towards A Schumpeterian Price Theory

Bloch

2016

Metroeconomica

Self Cite

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Innovation, Real Primary Commodity Prices and Business Cycles

Cited by 1 publication

References 13 publications

Prices In Motion: Towards A Schumpeterian Price Theory

Prices In Motion: Towards A Schumpeterian Price Theory

Contact Info

Product

Resources

About