Schumpeter’s Price Theory

Schumpeter’s Price Theory
Harry Bloch
Routledge, 2017
ISBN: 978-1-138-85037-8
174 páginas
Precio: 144, 95€

Sinopsis: 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 is particularly due to the emphasis he places on innovation and creative destruction as drivers of economic development. Yet, aspects of his theory remain neglected and poorly understood, especially his treatment of prices and price dynamics. This book provides a comprehensive and critical examination of Schumpeters price theory as well as providing suggestions for the further development of the theory. While Schumpeters 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. This volume is of great interest to those who study Schumpeters work, as well as those who have an interest in history of economic thought, economic theory and philosophy and political economy.

indice: Preface Chapter 1 – Introduction: Schumpeters Distinctive Approach to Price Theory Chapter 2 – The Theory of Economic Development Chapter 3 – Business Cycle Theory and Statistical Methods Chapter 4 – The Price Level and the Price System Chapter 5 – Money, Credit and the Price Level Chapter 6 – Norms, Equilibrium and Competition Chapter 7 – Norms for a Developing Economy Chapter 8 – Reconstructing Schumpeters Price Theory Chapter 9 – Summing Up: Theory of Prices in Motion References

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