SCHUMPETER, Joseph A.
Business Cycles: A Theoretical, Historical, And Statistical Analysis of the Capitalist Process.
New York: McGraw-Hill Book Company, Inc , 1939.
$3,000.00
In Stock
Item Number: RRB-147832
+$500
Rare First Edition of Economist’s Joseph Schumpeter’s Classic Work Business Cycles
Rare first edition of the economist’s ground-breaking work. Octavo, 2 volumes, original cloth. In very good condition with rubbing and bumping to both volumes.
Schumpeter’s theory of business cycles puts its emphasis on industrial innovations rather than banking. Schumpeter starts his account of business cycles at the top rather than the bottom of the cycle. "The reader needs only to make the experiment. If he comes to survey industrial history from, say, 1760 onwards, he will discover two things; he will find that very many booms are unmistakably characterized by revolutionary changes in some branch of industry which, in consequence, leads the boom, railways, for instance in the forties, or steel in the eighties, or electricity in the nineties."
Business Cycles: A Theoretical, Historical, And Statistical Analysis of the Capitalist Process.
$3,000.00
In Stock
Other Books by this Author
