ABSTRACT

We all know two important aspects of Heinz Kurz's contribution to economic theory. The first aspect obviously refers to his well-known tribute to the modern revival of the classical tradition of political economy, and especially to his numerous and various works aroused by Piero Sraffa's published and unpublished works. The second aspect is related to the contribution of Joseph Schumpeter to economics. Within this second framework, in 2005 Heinz Kurz published a book in German devoted to Schumpeter, described as a ‘social economist between Marx and Walras’ (Kurz, 2005). This book is obviously related to the role Kurz began to play a year later at Karl Franzens University of Graz as director of the Graz Schumpeter Centre. It is no surprise, therefore, that while our contribution was being prepared a new book about Heinz Kurz was announced at the end of 2010 entitled Innovation, Knowledge and Growth: Adam Smith, Schumpeter and the Moderns. The publisher, Routledge, in describing the book stresses that:

Kurz draws on the work of Schumpeter and Smith to articulate the relationships between innovation, knowledge and growth. Essays included range in subject, from considering Schumpeter's work in Graz and the problem of innovation and profits from a Schumpeterian point of view to the concepts of knowledge and economic growth and the state of the study of the history of economic thought.