Nature and Essence of Economic Theory

Regular price €179.80
A01=Joseph A. Schumpeter
Age Group_Uncategorized
Age Group_Uncategorized
Author_Joseph A. Schumpeter
automatic-update
Barter Relation
Bruce A. McDaniel
Category1=Non-Fiction
Category=KCA
consumption
Consumption Goods
COP=United States
Delivery_Pre-order
Developmental Opportunity
Distinct Determination
Economic Subject
economy
eld
Entire National Economy
entrepreneurial
Entrepreneurial Profit
eq_business-finance-law
eq_isMigrated=2
eq_non-fiction
Exact Discipline
Exact Natural Sciences
Follow
goods
Ground Rent
Hold
Inclined
Independent
Individual Economic Subjects
Infinitesimal Method
Joseph A. Schumpeter
Language_English
marginal
Marginal Utility
Monetary Unit
PA=Temporarily unavailable
Price Theory
Price_€100 and above
profi
PS=Active
Punctum Saliens
pure
Purely Economical
Smooth
softlaunch
Stand Point
Standpoint
subjects
utility
Verdict

Product details

  • ISBN 9781412811507
  • Weight: 1070g
  • Dimensions: 152 x 229mm
  • Publication Date: 15 Jun 2010
  • Publisher: Taylor & Francis Inc
  • Publication City/Country: US
  • Product Form: Hardback
  • Language: English
Delivery/Collection within 10-20 working days

Our Delivery Time Frames Explained
2-4 Working Days: Available in-stock

10-20 Working Days
: On Backorder

Will Deliver When Available
: On Pre-Order or Reprinting

We ship your order once all items have arrived at our warehouse and are processed. Need those 2-4 day shipping items sooner? Just place a separate order for them!

Joseph A. Schumpeter was a monumental figure in the history and development of economics. This work brings together his brilliant lectures, delivered more than a century ago, in its first English-language paperback edition. Here, readers will discover Schumpeter's search for an economic science devoid of moral or political dogma.


The Nature and Essence of Economic Theory

works out what people should think of pure economics, what its nature is, what its methods and findings are, and where thought takes off from there. The book shows the limitations and weaknesses of nineteenth-century economics and how the field could be and was improved by establishing a fundamental differentiation between 'statistics' and 'dynamics'. To convey his arguments, Schumpeter uses certain axioms that form a consistent, self-contained system and show how sound economic science is based on facts and events rather than presuppositions or definitions.

Schumpeter's larger aim, beyond a pedagogic tool, was to deduce changes in the market, trade, and exchange of goods and services. He defined the task of economy as the description of the system and its change tendencies. If that can be achieved unequivocally, without resorting to doctrine or dogma, then the field can be considered self-contained.