Keywords
Jeremy Bentham
Adam Smith
Tipo de interés
Innovación
Figura del empresario David Hume
Jeremy Bentham
Adam Smith
Interest rate
Innovation
Figure of the entrepreneur
How to Cite
Abstract
Innovation was the key economic problem of the eighteenth century, a privileged age when rapturous speeches began to be heard praising innovation in a continuous path, but when many authors pointed out the risks of innovation. This article presents the views of innovation that emerged in the eighteenth century by three prototypical authors, David Hume (1711-1776), Adam Smith (1723-1790) and Jeremy Bentham (1748-1832). Their three visions of innovation shed light on the consequences of innovation as they are based on their different definitions of the economic agent, the interest rate, the entrepreneur, and economic development.
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