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Schumpeter's Price Theory

Schumpeter's Price Theory

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  • ISBN:9781138850378
  • Editorial: Routledge
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:174
  • Idiomas:Ingles,Inglés

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Joseph Alois Schumpeter has long been recognised as one of the great economists of the 20th Century, and his truly revolutionary approach to economic development continues to gain appreciation. This is particularly due to the emphasis he places on innovation and creative destruction as drivers of economic development. Yet, aspects of his theory remain neglected and poorly understood, especially his treatment of prices and price dynamics.

This book provides a comprehensive and critical examination of Schumpeters price theory as well as providing suggestions for the further development of the theory. While Schumpeters theories of economic development, entrepreneurship and the business cycle have received substantial attention in the literature, his price theory has been neglected. Yet, he proposes a price theory that is as radical as his treatment of other topics. The holistic nature of his theory also naturally means that a better understanding of his price theory will provide extra insight into other aspects of his theoretical framework.

This volume is of great interest to those who study Schumpeters work, as well as those who have an interest in history of economic thought, economic theory and philosophy and political economy.

Preface

Chapter 1 - Introduction: Schumpeters Distinctive Approach to Price Theory

Chapter 2 - The Theory of Economic Development

Chapter 3 - Business Cycle Theory and Statistical Methods

Chapter 4 - The Price Level and the Price System

Chapter 5 - Money, Credit and the Price Level

Chapter 6 - Norms, Equilibrium and Competition

Chapter 7 - Norms for a Developing Economy

Chapter 8 - Reconstructing Schumpeters Price Theory

Chapter 9 - Summing Up: Theory of Prices in Motion

References

Otros libros de Bloch, Harry

Otros libros de Historia del Pensamiento Económico