A Guide to Schumpeterian Economics | Daniel M. Ryan | Politics & Government | Economics | eBooks
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If you want or need a clear explanation of the economics of Joseph Schumpeter, including how he
worked entrepreneurship into standard neo-classical economics, this guide is for you. Organized
into five chapters and an appendix dealing with the Kondratieff Wave, this guide takes you
step-by-step from the neo-classical model of the economy to Schumpeter's theory itself. Firmly based upon his seminal works - THE THEORY OF ECONOMIC DEVELOPMENT and BUSINESS CYCLES - the guide also deals with what the standard neo-classical model means in terms of human behaviour, so the equations found in the standard textbook can be understood better. The guide also explains, briefly, what barrier of habit is the typical precondition to "creative destruction" and why such barriers prevail in the business world - by using a real-world-based example. The focus is upon using examples from everyday life, both hypothetical and real, to make the concepts understandable. No "widgets." About the Author: Daniel M. Ryan has been an Internet writer since the beginning of 1999. In addition to writing extensively on economics and politics at the explanatory level, he has also delved into econometrics, with two discoveries to his name. His focus is making mathematical equations relate to people's behaviour in a comprehensible way, so the reader can pick up the "why" as well as the "what." |
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