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This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
First published in 2007. Written in 1954, this volume is a study into the history of doctrines and critical reviews, translated from the work of Professor Schumpeter into English from German.
""Economic Doctrine and Method: An Historical Sketch"" by Joseph Alois Schumpeter is a comprehensive exploration of the evolution of economic thought and methodology. The book is divided into two parts, with the first part tracing the development of economic theory from the ancient Greeks to the 20th century. Schumpeter provides a critical analysis of the works of prominent economists such as Adam Smith, Karl Marx, and Alfred Marshall, among others. He examines the various schools of economic thought and their contributions to the discipline.The second part of the book focuses on the methodology of economics. Schumpeter discusses the different approaches to economic analysis, including deductive, inductive, and historical methods. He also examines the role of statistics and mathematics in economics and the limitations of these tools.Overall, ""Economic Doctrine and Method: An Historical Sketch"" is a seminal work in the field of economics. Schumpeter's insights and analysis have influenced generations of economists and continue to shape the discipline today. The book is essential reading for anyone interested in the history and methodology of economics.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
2011 Reprint of 1947 Second Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. Originally Published as Part II of Capitalism, Socialism and Democracy [1947]. " Can capitalism survive? No. I do not think it can." Thus opens Schumpeter's prologue to a section of his 1947 book, Capitalism, Socialism and Democracy. One might think, on the basis of the quote, that Schumpeter was a Marxist. But the analysis that led Schumpeter to his conclusion differed totally from Karl Marx's. Marx believed that capitalism would be destroyed by its enemies (the proletariat), whom capitalism had purportedly exploited, and he relished the prospect. Schumpeter believed that capitalism would be destroyed by its successes, that it would spawn a large intellectual class that made its living by attacking the very bourgeois system of private property and freedom so necessary for the intellectual class's existence. And unlike Marx, Schumpeter did not relish the destruction of capitalism. "If a doctor predicts that his patient will die presently," he wrote, "this does not mean that he desires it."
Brilliant evaluations of the men most influential in shaping economic thought: Marx, Walras, Menger, Marshall, Pareto, Bohm-Bawerk, Taussig, Fisher, Mitchell and Keynes, In he Appendix: Knapp, von Wiser and Bortkiewitz.
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