Neo-Schumpeterian versus neo-Kaldorian approaches: two different views on learning, knowledge and cyclical growth

Introduction Traditionally, the notion of economic dynamics refers to two main phenomena: economic growth and business cycles. It is not surprising therefore that the problem of the relation between short-run and long-run macroeconomic changes has consistently preoccupied economists since the end of the nineteenth century. The history of the analysis of the problem reveals the existence of three major successive attitudes.