The Theory of Economic Development () von Joseph A. Schumpeter

The Theory of Economic Development
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An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle
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ISBN-13:
9781412815925
Veröffentl:
2011
Seiten:
244
Autor:
Joseph A. Schumpeter
eBook Format:
EPUB
eBook-Typ:
Reflowable
Kopierschutz:
Adobe DRM [Hard-DRM]
Sprache:
Englisch
Kurzbeschreibung
In this classical analysis of capitalist society, Schumpeter argues that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." His preface shows that despite weaknesses, theories are based on logic and provide structure for understanding fact. 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 of the twentieth century.
Beschreibung
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.

 

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