History of Economic Analysis

History of Economic Analysis

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At the time of his death in 1950, Joseph Schumpeter was working on his monumental History of Economic Analysis. Unprecedented in scope, the book was to provide a complete history of economic theory from Ancient Greece to the end of the second world war. A major contribution to the history of ideas as well as to economics, History of Economic Analysis rapidly gained a reputation as a unique and classic work. As well being an economist, Schumpeter was a gifted mathematician, historian, philosopher and psychologist and this is reflected in the multi-disciplinary nature of his great endeavour. Topics addressed include the techniques of economic analysis, contemporaneous developments in other sciences and the sociology of economics. This inclusiveness extends to the periods and individuals who figure in the book. As well as dealing with all of the major economists from Adam Smith to Maynard Keynes, the book considers the economic writings of Plato and Aristotle, of the Medieval Scholastics and of the major European economists. Throughout, Schumpeter perceived economics as a human science and this is reflected in a volume which is lucid and insightful throughout.Whatever we may think of the virtues of their technical analysis, at least they did not lack imagination. ... My statement then means that J. S. Mill, like all the authors that followed the Turgot-Smith line, was at fault in believing that thrift was theanbsp;...

Title:History of Economic Analysis
Author:Joseph A. Schumpeter
Publisher:Routledge - 2006-03-07


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