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The Theory of Economic Development
By:Joseph A. Schumpeter
Published on 2011-12-31 by Transaction Publishers

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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Book ID of The Theory of Economic Development's Books is 7p9fwYiDR20C, Book which was written byJoseph A. Schumpeterhave ETAG "Z/BMa6riDdw"

Book which was published by Transaction Publishers since 2011-12-31 have ISBNs, ISBN 13 Code is 9781412815925 and ISBN 10 Code is 1412815924

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Book which have "244 Pages" is Printed at BOOK under CategoryBusiness and Economics

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