The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle by Joseph A. Schumpeter
This book presents a detailed analysis of the mechanisms of economic development, focusing on aspects such as profits, capital, credit, interest, and the business cycle. The author argues that economic development is driven by innovative entrepreneurs who disrupt the status quo, creating new goods and methods of production. He highlights the role of credit in facilitating these innovations, and examines the cyclical nature of economic development. The book also explores the societal and political implications of this process of 'creative destruction'.
The 7597th greatest book of all time
- Published
- 1911
- Nationality
- Austrian
- Type
- Nonfiction
- Pages
- Unknown
- Words
- Unknown
- Original Language
- German
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This book is on the following lists:
- The 100 Best Books in the World (AbeBooks.de (in German))