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portada Schumpeter's Price Theory (Routledge Studies in the History of Economics)
Type
Physical Book
Publisher
Language
English
Pages
174
Format
Paperback
ISBN13
9780367872120
Edition No.
1

Schumpeter's Price Theory (Routledge Studies in the History of Economics)

Harry Bloch (Author) · Routledge · Paperback

Schumpeter's Price Theory (Routledge Studies in the History of Economics) - Harry Bloch

Physical Book

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Synopsis "Schumpeter's Price Theory (Routledge Studies in the History of Economics)"

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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The book is written in English.
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