Abstract
On the 24th of February,1986 many of Richard Goodwin’s admirers former students, present colleagues and friends from all over Italy — and a few from beyond the alps and the dolomites - met in the University of Modena to celebrate his 73rd bithday. The number 73, by itself, signifies nothing special-except for being a prime;however 1986 does mark the 40th anniversary of the publication of Richard Goodwin’s first full-length article on “business cycles”. In 1946 Richard Goodwin published his version of the Wicksell-Schumpeter-Frisch “shock” theory of cycles — an attempt to formalize Schumpeter’s theory of innovations in terms of the famous “rocking-horse” example suggested by Wicksell in 1918.
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© 1988 Springer-Verlag Berlin Heidelberg
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Ricci, G., Velupillai, K. (1988). Introduction. In: Ricci, G., Velupillai, K. (eds) Growth Cycles and Multisectoral Economics: the Goodwin Tradition. Lecture Notes in Economics and Mathematical Systems, vol 309. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-49274-7_1
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