Where it all began: Meeting on the links between Keynes, Minsky and
Schumpeter, Ford Foundation (Reforming Global Finance Programme), NY,
February 3-4, 2011.
From left: Bill Lazonick, Mariana Mazzucato, Leonardo Burlamaqui, Charles Whelan, Alessandro Vercelli, Randy Wray, Sidney Winter, Giovanni Dosi, Jan Kregel, Dick Nelson, Bart Verspagen.
It is through innovation (technological, institutional, organizational and cultural) that economic development – or the ‘capital development of the economy’ (in the words of Minsky) – occurs. more