Essays: On Entrepreneurs, Innovations, Business Cycles, and the Evolution of Capitalism

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Summary: wrong conclusions, but still actual...Schumpeter's paradox
Review: In this collection fo essays, Schumpeter states the importance of the entrepeneur in the economy. The spread of literature about networks and industrial districts gets some from here. Let's not simplify Schumpeter's work on simpifications about the capitalism's death. It's no that easy...

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Summary: Inspired by both historical and classical schools of economi
Review: Schumpeter , a professor in Austria, Germancy and the US (Harvard)incorporates much historical and statistical research into classical schools of thought. Like Marx before argued capitalism was destroying itself. Not due to failure but due to success where the interests of the organization deviate fromt the interest of society. He also developed a scheme of cycles using Jular 10 yr., Kitchin 40 mo., and Kondratieff long cycle. These were later developed into ecometrics analysis at the U.S. National Bureau of Economic Research. However, their perdictions are still valid today and can make you rich.