The Theory of Economic Development
An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle
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.
- ISBN 13 : 1412815924
- ISBN 10 : 9781412815925
- Judul : The Theory of Economic Development
- Sub Judul : An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle
- Pengarang : Joseph A. Schumpeter,
- Kategori : Business & Economics
- Penerbit : Transaction Publishers
- Bahasa : en
- Tahun : 2011
- Halaman : 244
- Halaman : 244
- Google Book : https://play.google.com/store/books/details?id=7p9fwYiDR20C&source=gbs_api
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Ketersediaan :
An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle Joseph A.
Schumpeter. CHAPTER V INTEREST ON CAPITAL PRELIMINARY REMARKS
AFTER mature consideration I submit for the second time the theory of interest
which I originally published in the first edition of this book, unaltered apart from
quite unimportant verbal changes. To all objections which have come to my
attention my only answer is to refer to the original text. They have merely induced
me not to ...
