Schumpeter was an interdisciplinary political economist who made institutional transformation the centrepiece of his theory of supply and demand. This comprehensive monograph reconstructs and assesses Schumpeter's contribution to the restless economics of entrepreneurship, disequilibrium and search.
Examining the evidence from all of Schumpeter's published work, the book fills a significant gap in the literature of economic thought. Partly because Schumpeter was so prolific, partly because he touched on so many interrelated topics, there have been few books that have sought to span the whole of this important author's influential insights.
This volume will appeal to scholars, students and researchers who are interested in exploring the complexities of Schumpeter's vision and his intellectual system. It will be entirely accessible to non-evolutionary economists. Historians of economic thought will find this a valuable and novel interpretation of Schumpeter's work.
David Reisman, Professor Emeritus of Economics, University of Surrey, UK and Senior Associate, Centre for Liberal Arts and Social Sciences, Nanyang Technological University, Singapore
Contents: 1. Introduction 2. Schumpeter's Vision 3. The Prediction of Change 4. The Capitalist Economy 5. Corporate Capitalism 6. The Sociology of Capitalism 7. The Socialist Economy 8. Market and Plan 9. The Sociology of Socialism 10. Continuity and Change 11. Continuity, Change and Socialism 12. The Macroeconomics of Success 13. The Cycle 14. Conclusion References Index