Business Cycles: A Theoretical, Historical, and Statistical Analysis of the Capitalist Process, Volume 1
Martino Pub., 2006 - 1095 páginas
Schumpeter is without doubt one of the most influential economists of the 20th century. Business Cycles  is considered his great work. We reprint the first edition published in 1939 in two volumes. In "Business Cycles" Schumpeter focuses powerfully on the historical role of technological innovation in accounting for the high degree of instability in capitalists societies. He aims to analyze empirically the actual process of economic development using historical and statistical material based on the theoretical framework he developed in earlier writings. He tried to integrate theory and history primarily by means of statistics. It is because he adopted the method of filling in the statistical contours with detailed industrial history that "Business Cycles" comprises two large volumes. A Classic work, not otherwise available in the original two volume format.
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Business Cycles: A Theoretical, Historical, and Statistical ..., Volume 1
Joseph Alois Schumpeter
Visualização de trechos - 1939
according actually amount analysis argument assume banks become behavior capital capitalist carry cause century companies competition considerable cost course created curve cycles cyclical definite demand depression difficulties discussion distinct disturbances economic effects element entrepreneurs equilibrium example existence expected explain external fact factors fall financing firms fluctuations follows function fundamental given hand hence historical important increase individual industrial influence innovation instance interest investment Juglar kind Kondratieff less look material matter means mechanism method monetary movement nature necessary observe obvious occur particular period phases possible practice present principle problem production Professor profits prosperity quantity question reader reason reference relation rise saving schema seems sense simply situation statistical success theoretical theory things tion trade trend true turn unit values wave whole writer