A complete survey of man's intellectual advances in the light of economic phenomena, this monumental volume now includes a new introduction by Mark Perlman, one of the foremost contemporary economists and former editor of the prestigious Journal of Economic Literature.[...]
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,[...]
Considered by many economists to be the finest analysis of capitalism ever written, Can Capitalism Survive? introduces Joseph A. Schumpeter's theory of "creative destruction," stating that in capitalist economies new innovations erode the position of established firms while also providing new and pr[...]