Synopses & Reviews
This book examines Schumpeter's dramatic theory of social and economic evolution as the pivot of his life and work. His theory emerged through a new combination of neoclassical economics, the historical school, and elite theory. It permeated not only his account for economic growth and development but also his studies of the routinised economy, business cycles, capitalism, the democratic system, and the evolution of economics. The book's comprehensive account resolves apparent paradoxes and clarifies Schumpeter's challenges to economists and other social scientists.
About the Author
ESBEN SLOTH ANDERSEN is Associate Professor teaching Descriptive and Theoretical Economics in the Department of Business Studies at Aalborg University, Denmark. He is a member of the department's IKE Group on Innovation, Knowledge and Economic dynamics as well as the Danish Research Unit for Industrial Dynamics (DRUID).
Table of Contents
Introduction * PART I: SCHUMPETER IN HIS CONTEXTS * Creativity in a Lost World, 1883-1914 * Intermezzo, 1914-24 * The Little Mecca for Economists, 1925-1932 * Academic Life in the New World, 1932-1950 * PART II: THE EMERGENCE OF SCHUMPETER'S THEORY * Economic Statics and Evolutionary Dynamics * Evolutionary Theory and Elitism * Capitalism and the Battle of Methods * PART III: THE STRUCTURE OF SCHUMPETER'S THEORY * The General Theory of Social Evolution * The Routinised Economy * Basic Economic Evolution * Waveform Economic Evolution * Social-Economic Evolution * Scientific Evolution * PART IV: RETROSPECT AND PROSPECT * Towards Modern Evolutionary Analysis * Challenges * Schumpeter's Curriculum Vitae * Schumpeter's Works * Other Works * Index