Skip to main content Accessibility help
×
Hostname: page-component-77c89778f8-7drxs Total loading time: 0 Render date: 2024-07-24T16:17:53.309Z Has data issue: false hasContentIssue false

6 - Approaching the Evolutionary Trilogy

from II - The Evolutionary Trilogy

Published online by Cambridge University Press:  05 March 2012

Get access

Summary

According to the Schumpeter's theory of scientific creativity, the initial “period of sacred fertility” produces the fundamental vision and the fundamental results that are “subsequently worked out” (S1921, 87). He also suggested that “the roots of great scientific achievements, especially those of a theoretical nature, predominantly lie in the twenties of their author's life” (DBA, 16–17; omitted in S1914c). In Schumpeter's case, the especially fertile years covered the period 1903–13. During these years, he had not only produced Wesen and Entwicklung I but also developed many related ideas. The subsequent development of his early results primarily took place after he had resumed academic life in 1925. In the intermediate years, he had been involved in politics and private banking—including his short and rather unsuccessful service as the Austrian Minister of Finance (see Appendix A). Now he established himself as an internationally recognised professor of economics—first at the University of Bonn in Germany from 1925 to 1932; and then at Harvard University from 1932 until his death in 1950. At the University Bonn he radically revised Theorie der wirtschaftlichen Entwicklung and prepared to extend its analyses of the evolutionary functions of money and business cycles. Nevertheless, the three books from which his evolutionary economics and evolutionary sociology are today primarily known were published during his Harvard period. These books are The Theory of Economic Development from 1934; Business Cycles from 1939; and Capitalism, Socialism and Democracy from 1942.

Type
Chapter
Information
Schumpeter's Evolutionary Economics
A Theoretical, Historical and Statistical Analysis of the Engine of Capitalism
, pp. 137 - 154
Publisher: Anthem Press
Print publication year: 2009

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×