Economic Development Theory

Economic Development Theory

[US] Joseph Schumpeter

The Commercial Press

2020-08-01

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Summary

This book is Schumpeter's early masterpiece. In the book, he explained the essential characteristics of capitalism with the "theory of innovation", which made him famous in the bourgeois economics circle and had a great influence. The book has six chapters. Chapters 1 and 2 discuss the "innovation theory" from the static state...