The Essential Joseph Schumpeter Book Reviews
The Essential Joseph Schumpeter by Russell S. Sobel & Jason Clemens Book Summary
Joseph Schumpeter is one of the most accomplished economists of the twentieth century. Included among his many contributions is his path-breaking work on entrepreneurship—of the quintessential characteristics of all market economies.
His timeless phrase describing the entrepreneurial process as one of “creative destruction” is likely second only to Adam Smith’s “invisible hand” in its daily use in popular tweets, blog posts, speeches, and articles. Renowned Chicago economist Jacob Viner praised Schumpeter’s History of Economic Analysis as “by a wide margin… the most brilliant contribution to the history of analytical phases of our discipline which has ever been made”. However, it is Schumpeter’s Capitalism, Socialism and Democracy, in which Schumpeter describes the mechanisms—entrepreneurs, innovation, and capital reallocation—that drive the “incessant” recreation of capitalism that is by far his most popular and successful work.
Book Name | The Essential Joseph Schumpeter |
Genre | Economics |
Author | Russell S. Sobel & Jason Clemens |
Published | 27 April 2020, Monday |
Language | English |
E-Book Size | 633.38 KB |
The Essential Joseph Schumpeter (Russell S. Sobel & Jason Clemens) Book Reviews 2024
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Summary of The Essential Joseph Schumpeter by Russell S. Sobel & Jason Clemens
The The Essential Joseph Schumpeter book written by Russell S. Sobel & Jason Clemens was published on 27 April 2020, Monday in the Economics category. A total of 24 readers of the book gave the book 0 points out of 5.
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