Theory Of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle by Joseph A SchumpeterTheory Of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle by Joseph A Schumpeter

Theory Of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the…

byJoseph A SchumpeterIntroduction byJohn E. Elliott

Paperback | December 31, 1980

Pricing and Purchase Info

$62.10 online 
$65.70 list price save 5%
Earn 311 plum® points

Prices and offers may vary in store

Quantity:

In stock online

Ships free on orders over $25

Not available in stores

about

Schumpeter proclaims in this classical analysis of capitalist society first published in 1911 that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact.

Of those who argue against him, Schumpeter asks a fundamental question: "Is it really artificial to keep separate the phenomena incidental to running a firm and the phenomena incidental to creating a new one?" In his answers, Schumpeter offers guidance to Third World politicians no less than First World businesspeople.

In his substantial new introduction, John E. Elliott discusses the salient ideas of The Theory of Economic Development against the historical background of three great periods of economic thought in the last two decades.

Joseph A. Schumpeter (1883-1950) was professor of economics at the University of Graz and at Bonn University. He also served as Austrian minister of finance. He later moved to the United States where he taught at Harvard University until his death. John E. Elliott is professor of economics, University of Southern California. He ha...
Loading
Title:Theory Of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the…Format:PaperbackDimensions:320 pages, 9 × 6.04 × 0.73 inPublished:December 31, 1980Publisher:Taylor and Francis

The following ISBNs are associated with this title:

ISBN - 10:0878556982

ISBN - 13:9780878556984

Look for similar items by category:

Reviews