Prophet of Innovation: Joseph Schumpeter and Creative Destruction

Prophet of Innovation: Joseph Schumpeter and Creative Destruction

by Thomas K. McCraw
     
 

ISBN-10: 0674025237

ISBN-13: 9780674025233

Pub. Date: 04/15/2007

Publisher: Harvard University Press

The destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this economic principle better than Joseph Schumpeter, who made his mark as the prophet of incessant change. This biography paints a full portrait of the magnetic figure who aspired to become the world's greatest economist, lover,

Overview

The destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this economic principle better than Joseph Schumpeter, who made his mark as the prophet of incessant change. This biography paints a full portrait of the magnetic figure who aspired to become the world's greatest economist, lover, and horseman-and admitted to failure only with the horses.

Product Details

ISBN-13:
9780674025233
Publisher:
Harvard University Press
Publication date:
04/15/2007
Edition description:
New Edition
Pages:
736
Product dimensions:
6.60(w) x 9.30(h) x 2.00(d)

Table of Contents

Preface ix

Part I L'Enfant Terrible, 1883-1926: Innovation and Economics

Prologue: Who He Was and What He Did 3

1 Leaving Home 10

2 Shaping His Character 23

3 Learning Economics 38

4 Moving Out 57

5 Career Takeoff 67

6 War and Politics 84

7 Gran Rifiuto 104

8 Annie 113

9 Heartbreak 126

Part II The Adult, 1926-1939: Capitalism and Society

Prologue: What He Had Learned 145

10 New Intellectual Directions 151

11 Policy and Entrepreneurship 167

12 The Bonn-Harvard Shuttle 184

13 Harvard 205

14 Suffering and Solace 222

Part III The Sage, 1939-1950: Innovation, Capitalism, and History

Prologue: How and Why He Embraced History 247

15 Business Cycles, Business History 251

16 Letters from Europe 279

17 To Leave Harvard? 302

18 Against the Grain 313

19 The Courage of Her Convictions 326

20 Alienation 337

21 Capitalism, Socialism and Democracy 347

22 War and Perplexity 375

23 Introspection 399

24 Honors and Crises 409

25 Toward the Mixed Economy 422

26 History of Economic Analysis 442

27 A Principle of Indeterminateness 469

28 L'Envoi 485

Epilogue: The Legacy 495

Notes 507

Acknowledgments 695

Illustration Credits 699

Index 703

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