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Schumpeter's Evolutionary Economics - A Theoretical, Historical and Statistical Analysis of the Engine of Capitalism (Hardcover, First Edition,)
Loot Price: R2,763
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Schumpeter's Evolutionary Economics - A Theoretical, Historical and Statistical Analysis of the Engine of Capitalism (Hardcover, First Edition,)
Series: Anthem Other Canon Economics
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"Schumpeter's Evolutionary Economics" fills the void of analysis
and serves as a standard reference work on this pioneering thinker
by introducing novel interpretations of his five major books and
tracing the development of his intellectual framework. Schumpeter's
first German book on the nature of theoretical economics (1908) is
still untranslated, but it demonstrates how he developed his
evolutionary research programme by studying the inherent
limitations of equilibrium economics. He presented core results on
economic evolution and extended evolutionary analysis to all social
sciences in the first German edition of "The Theory of Economic
Development "(1912). He made a partial reworking of the theory of
economic evolution in later editions, and this reworking was
continued in "Business Cycles" (1939). Here Schumpeter also tried
to handle the statistical and historical evidence on the waveform
evolution of the capitalist economy. "Capitalism, Socialism and
Democracy" (1942) modified the model of economic evolution and
added evolutionary contributions to other social sciences. Finally,
"History of Economic Analysis," published posthumously, was based
on his evolutionary theory of the history of economics. Andersen's
analysis of Schumpeter's five books expounds the progress he made
within his research programme, and examines his lack of
satisfactory tools for evolutionary analysis. In so doing it places
our understanding of Schumpeter on a new and firmer footing; it
also suggests how modern evolutionary economics can relate to his
work.""
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