Schumpeter's Price Theory
eBook - ePub

Schumpeter's Price Theory

  1. 174 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Schumpeter's Price Theory

About this book

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 Schumpeter's price theory as well as providing suggestions for the further development of the theory. While Schumpeter's 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 Schumpeter's work, as well as those who have an interest in history of economic thought, economic theory and philosophy and political economy.

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Yes, you can access Schumpeter's Price Theory by Harry Bloch in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Routledge
Year
2017
Print ISBN
9781138850378
eBook ISBN
9781317531869
Edition
1

Table of contents

  1. Cover
  2. Title
  3. Copyright
  4. Dedication
  5. Contents
  6. List of abbreviations
  7. Preface
  8. 1 Introduction: Schumpeter’s distinctive approach to price theory
  9. 2 The theory of economic development
  10. 3 Business cycle theory and statistical methods
  11. 4 The price level and the price system
  12. 5 Money, credit and the price level
  13. 6 Norms, equilibrium and competition
  14. 7 Norms for a developing economy
  15. 8 Reconstructing Schumpeter’s price theory
  16. 9 Summing up: theory of prices in motion
  17. References
  18. Index