Description
Schumpeter's Price Theory
Routledge Studies in the History of Economics Series
Author: Bloch Harry
Language: EnglishSubject for Schumpeter's Price Theory:
Keywords
Schumpeter’s Theory; Theoretical Normal; Schumpeter's Price Theory; Kondratieff Cycles; Schumpeter; Price Cost Ratio; Joseph Alois Schumpeter; Walrasian Equilibrium; price dynamics; Schumpeter’s Analysis; history of economic thought; Schumpeter’s Treatment; economic theory; Meso Analysis; political economy; Entrepreneurial Firm; Time Series Graphs; Fisher’s Principle; Reproduction Prices; Price Theory; Circular Flow; post-Keynesian Pricing Theories; Price Quantity Pairs; Firm Heterogeneity; Unit Prime Cost; Sraffian Framework; Steindl’s Analysis; Full Cost Pricing; Maximum Payback Period; Kinked Demand Curve; Meso Level Analysis; Schumpeter’s Business Cycle Theory
Publication date: 12-2019
· 15.6x23.4 cm · Paperback
Approximative price 160.25 €
In Print (Delivery period: 14 days).
Add to cart the book of Bloch HarryPublication date: 08-2017
· 15.6x23.4 cm · Hardback
Description
/li>Contents
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/li>Biography
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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 Schumpeter?s price theory as well as providing suggestions for the further development of the theory. While Schumpeter?s 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 Schumpeter?s work, as well as those who have an interest in history of economic thought, economic theory and philosophy and political economy.
Preface
Chapter 1 – Introduction: Schumpeter’s 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 Schumpeter’s Price Theory
Chapter 9 – Summing Up: Theory of Prices in Motion
References
Harry Bloch is currently John Curtin Distinguished Emeritus at Curtin University, Australia, having previously been Professor of Economics (1997 to 2012) and Dean for Research and Development (2012) in the Curtin Business School as well as founding director of the Centre for Research in Applied Economics (2006 to 2009). He is a Fellow of the Academy of the Social Sciences in Australia and an Honorary Fellow of the Economic Society of Australia.
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