The Theory of Economic Development / (Record no. 38362)
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000 -LEADER | |
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fixed length control field | 02198 a2200205 4500 |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
ISBN | 9781032507187 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | eng- |
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
Classification number | 330 |
Item number | SCH-T |
100 ## - MAIN ENTRY--AUTHOR NAME | |
Personal name | Schumpeter, A. Joseph |
Relator term | author. |
245 ## - TITLE STATEMENT | |
Title | The Theory of Economic Development / |
Statement of responsibility, etc | Loseph A. Schumpeter |
250 ## - EDITION STATEMENT | |
Edition statement | Special Indian Edition |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication | UK : |
Name of publisher | Rotledge, |
Year of publication | 2023. |
300 ## - PHYSICAL DESCRIPTION | |
Number of Pages | xix, 234p. |
504 ## - BIBLIOGRAPHY, ETC. NOTE | |
Bibliography, etc | Include index. |
520 ## - SUMMARY, ETC. | |
Summary, etc | Joseph Schumpeter (1883–1950) is one of the most fascinating and influential economists of the twentieth century, renowned for his brilliant and unorthodox insights into the nature of capitalism. His students include leading economists such as Paul Samuelson, Robert Solow and the former chairman of the Federal Reserve, Alan Greenspan.<br/><br/>The Theory of Economic Development is one of Schumpeter's most important books and the one that made him famous. He poses a fundamental question: why does economic development proceed cyclically rather than evenly? Turning prevailing economic theory, which approached economics as equilibrium, on its head, Schumpeter argues it is because economics is constantly transformed by its own internal forces. These forces are the 'circular flow' of economic life; economic development, characterised by disruption and innovation; and finally, the levers that push and pull capitalism including credit, profit and interest. These are all manifested in the ‘business cycle’, one of Schumpeter's major contributions to understanding economics and now a perennial feature of virtually all economics and business curricula. He is also the first economist to place the entrepreneur at the heart of capitalism, anticipating subsequent fascination with entrepreneurship in popular business and management writing. Schumpeter also lays the groundwork for his subsequent, highly influential idea of the 'creative destruction' characteristic of radical and rapid economic change.<br/><br/>The Theory of Economic Development remains a vital, magisterial account of economics and the nature of capitalism whose many insights remain highly relevant today. |
546 ## - LANGUAGE NOTE | |
Language note | English. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical Term | Economic development. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical Term | Capitalism. |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | |
Koha item type | Books |
Withdrawn status | Lost status | Damaged status | Not for loan | Permanent Location | Current Location | Date acquired | Source of acquisition | Cost, normal purchase price | Full call number | Accession Number | Cost, replacement price | Price effective from | Koha item type |
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NASSDOC Library | NASSDOC Library | 2023-03-16 | Overseas | 0.00 | 330 SCH-T | 52905 | 0.00 | 2023-05-22 | Books |