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History of Economic Analysis
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At the time of his death in 1950, Joseph Schumpeter was working on his monumental History of Economic Analysis. Unprecedented in scope, the book was to provide a complete history of economic theory from Ancient Greece to the end of the second world war. A major contribution to the history of ideas as well as to economics, History of Economic Analysis rapidly gained a reput
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ebook, 1312 pages
Published
March 7th 2006
by Routledge
(first published January 28th 1954)
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A work of astounding scope and intellectual force. I have never encountered any other treatment of the subject so thorough, even-handed, and willing to cooly puncture the genre's favorite myths. In its broad-ranging discursions we get a sense of a brilliant mind and generous spirit, toiling in vain to make a full accounting, to make every relevant connection apparent, to give credit where it is due and gently point out where it has been granted mistakenly.
This is not, however, a book for beginn ...more
This is not, however, a book for beginn ...more
Mar 12, 2008
Dr. Carl Ludwig Dorsch
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A breathtakingly formidable masterpiece of maximalist (or is it encyclopedic maximalism – or even encyclopedic “hysterical realism” as some critics of the genre have it?) postmodern literature.
Complete with a full apparatus of the “found manuscript” (“The material was found in many places…in boxes…on shelves,” scraps of “yellow paper” etc.), an editor who (as a further editor informs us) dies while finalizing the book’s index, an Editor’s Introduction, Editor’s Appendix, a hundred pages of ...more
I was told this was a "Big, fat, Whiggish history of economics". Uncertain what this meant, I was undeterred by it.
What they were getting at was how Schumpeter approached economics --- e.g., David Ricardo really wasn't trying to figure out certain problems, approaching it based on the thinkers preceding him. No! He unknowingly was working on the modern marginalist approach without ever having realized it.
This does Schumpeter a bit of a disservice. It's a bit more complicated than that, but there ...more
What they were getting at was how Schumpeter approached economics --- e.g., David Ricardo really wasn't trying to figure out certain problems, approaching it based on the thinkers preceding him. No! He unknowingly was working on the modern marginalist approach without ever having realized it.
This does Schumpeter a bit of a disservice. It's a bit more complicated than that, but there ...more
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Joseph Alois Schumpeter was an Austrian American economist and political scientist. He briefly served as Finance Minister of Austria in 1919. One of the most influential economists of the 20th century, Schumpeter popularized the term "creative destruction" in economics.
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