Joseph Alois Schumpeter has long been recognised as one of the great economists of the 20th Century, and his truly revolutionary approach to economic development continues to gain appreciation.
This book aims to provide a comprehensive and critical examination of Schumpeter’s price theory as well as providing some suggestions for the further development of the theory. While Schumpeter’s theories of economic development, entrepreneurship and the business cycle have received substantial attention in the literature, his price theory has been neglected. Yet, he proposes a price theory that is as radical as his treatment of other topics. The holistic nature of his theory also naturally means that a better understanding of his price theory will provide extra insight into other aspects of his theoretical framework.Über den Autor:
Harry Bloch is John Curtin Distinguished Emeritus Professor, Curtin University, Australia
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