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In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact. Product Key Features. Height 0.7in. Number of Pages 320 Pages. Publication Year 1980.
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Product Identifiers
PublisherRoutledge
ISBN-100878556982
ISBN-139780878556984
eBay Product ID (ePID)1115266
Product Key Features
Number of Pages320 Pages
LanguageEnglish
Publication NameTheory of Economic Development
Publication Year1980
SubjectEconomic History, Economics / General, Economics / Theory
TypeTextbook
AuthorJoseph A. Schumpeter
Subject AreaBusiness & Economics
FormatTrade Paperback
Dimensions
Item Height0.7 in
Item Weight16 Oz
Item Length9 in
Item Width6 in
Additional Product Features
Intended AudienceCollege Audience
LCCN79-067059
Reviews"[O]ne of the one hundred best books (of all time) in organization and management." --Management and Literature "A notable work of a continental economist who gives a brilliant picture of the economic processes." --American Economic Review
SynopsisSchumpeter 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., This classical analysis of capitalist society argues that economics is a natural self-regulating mechanism when undisturbed by ""social and other meddlers"", and demonstrates that despite weaknesses, theories are based on logic and provide structure for understanding fact.