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In this definitive third and final edition (1950) of his masterwork, Joseph A. Schumpeter introduced the world to the concept of ?creative destruction,? which forever altered how global economics is approached and perceived. Now featuring a new introduction by Schumpeter biographer Thomas K. McCraw, Capitalism, Socialism and Democracy is essential reading for anyone who seeks to understand where the world economy is headed.
Ordinarily, the word essays is invoked at great risk by authors and publishers alike
Ordinarily, the word essays is invoked at great risk by authors and publishers alike
Originally published in 1952, this work is reproduced with a new introduction by Professor Mark Perlman, a Schumpeterian scholar. The essays, written between 1910-50 include coverage of: Marx; Walras; Menger; Marshall; Pareto; Bohm-Bawerk; Taussig; Fisher; Mitchell; and Keynes.
This classic text, which Schumpeter was working on right up until his death in 1950, provides a complete history of economic theory from Ancient Greece to the end of World War II.
With its original contribution to the consideration of the most important social movements of our time, this book has become one of the greatest works of social theory written this century.
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