Distinctively tying history with theory, political economist Joseph A. Schumpeter reached far back in time to understand what drives economic development and determines its course. Historical and empirical research provided a laboratory for learning. At the same time, he reached for a long-term vision through theoretical inspection and utmost abstraction, seeking to distil a phenomenon's essential nature and function. He believed that good theory can indicate where the economy is headed in the future. Schumpeter's attention to history and theory also informed the plan for this book. Part I trails the historical stream of financial innovations and the scholarly struggle to assimilate them in monetary thought, while Part II focuses on Schumpeter's own monetary theory. Its deliberate reconstruction from scattered sources reveals a strikingly original and still modern conception. Drawing from the detailed study of documents at various archives in Austria, Part III then concentrates on the business history of Schumpeter's failed personal endeavours in banking and as a proto-venture capitalist. Finally, Part IV casts light on the legacy of Schumpeter's monetary ideas on contemporary thought. It depicts how monetary theory initially left them behind, yet has more recently set out to return to his ideas on money, financial innovation, and growth. Overall, a surprisingly coherent picture emerges from the study of Schumpeter's neglected monetary theory, his personal history, and his intellectual legacy on the present day.

Die Unternehmung war lange in der Wirtschaftstheorie ein blinder Fleck und in der Soziologie auf ihre Organisation reduziert. Die in diesem Band vereinigten Beitrage von Mikl-Horke, Pirker und Resch gehen von der Konzeption der Unternehmung in der Neuen Institutionenoekonomik aus, eroertern diese kritisch auf der Grundlage bedeutender Ansatze der Soziologie, der heterodoxen OEkonomie und der Wirtschaftsgeschichte und suchen nach interdisziplinaren Anschlussmoeglichkeiten. Aus diesen sozialwissenschaftlichen Perspektiven werden wichtige Aspekte der Unternehmung als historisches, soziales und institutionelles Phanomen herausgearbeitet und damit die Einseitigkeit der kostentheoretischen Sicht uberwunden.

An experienced Banking-CIO reveals the world of Information Technology in a company. There's a Grand-Canyon-sized gap between the expectations of computer users and what an IT department can effectively do. And this gap creates many victims-on both sides This book is a one-of-a-kind bridge-builder for computer users to understand IT and to be able to talk to IT experts. It is deliberately written in layman's language and avoids IT-specific technical terms. Why do IT projects fail or always take longer than expected? Why is software so unstable? What do IT experts do all day, and why are there so many? What about IT security? This book is a translation of the second edition of the bestselling German book "Eine Million oder ein Jahr."