Great Thinkers in Economics

Joseph A. Schumpeter

A Theory of Social and Economic Evolution

Authors: Andersen, Esben S.

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About this book

This book examines Schumpeter's dramatic theory of social and economic evolution as the pivot of his life and work, resolving apparent paradoxes and clarifying Schumpeter's challenges to economists and other social scientists.

About the authors

ESBEN SLOTH ANDERSEN is Professor of Evolutionary Economics at Aalborg University, Denmark. He has previously held the position of President of the International Schumpeter Society and he received the Gunnar Myrdal Prize in 2010. Recent publications include Evolutionary Economics: Post-Schumpeterian Contributions (1994) and Schumpeter's Evolutionary Economics (2009).

Reviews

'From the start of his career Joseph Schumpeter argued that continuing innovation causing both creative destruction and over the long run cumulative great improvements in the living standards of the common people was the most important feature of modern capitalist economies. He dedicated a professional lifetime trying to expand economic theory to recognize this. His general argument is widely accepted by academic economists, as well as by laypersons. On the other hand Schumpeter largely failed to move economic theory from its focus on equilibrium conditions. Esben Anderson does a beautiful job of telling this story.' - Richard R. Nelson, Professor Emeritus, Columbia University

'With this brilliant account of Schumpeter's intellectual history Andersen proves himself to be the leading expert on Schumpeter's writings. He tells us a thrilling story of an intellectual hero who, feeling compelled to revolutionize economic theory, wrestled all over his career with an evolutionary paradigm and eventually left it as an unfinished legacy.' - Ulrich Witt, Max Planck Institute of Economics, Jena


Buy this book

Hardcover $125.00
price for USA
  • ISBN 978-1-4039-9627-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

Services for this book

Bibliographic Information

Bibliographic Information
Book Title
Joseph A. Schumpeter
Book Subtitle
A Theory of Social and Economic Evolution
Authors
Series Title
Great Thinkers in Economics
Copyright
2011
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
Hardcover ISBN
978-1-4039-9627-5
Edition Number
1
Number of Pages
XIII, 272
Topics