Joseph Schumpeter – Business Cycles. A Theoretical Historical and Statistic Analysis of the Capitalist Process

Business Cycles: A Theoretical, Historical, and Statistical Analysis of the Capitalist Process

Schumpeter, Joseph

New York: McGraw-Hill Book Company, 1942.

First version, third impression. (As acknowledged on title web page. Printed throughout WWII with warfare shortages. Not a later reprint.) 1095 p. Crimson fabric with gilt lettering. Two volumes. Very Good or higher situation. Sturdy bindings, vibrant gilt. Not ex-library. A single underline erased. Owner’s stamp on endpapers and sometimes in margins; title written on paste downs. Rare early printing of a landmark economics textual content in unusually good situation. Item #150330005

New York: McGraw-Hill Book Company, Inc., 1939. First version of the economist’s groundbreaking work. Octavo, 2 volumes. Original fabric. Inscribed by the writer on the entrance free endpaper of quantity one, “To Seymour Harris with kind regards Joseph Schumpeter.” Some mild rubbing to the backside of the fabric, a close to high-quality set of this landmark work. The recipient Harvard economics professor Seymour Harris, who was editor of the guide Schumpeter as Social Scientist and editor of The New Economics; which Schumpeter was a contributor. Books signed by Schumpeter are extraordinarily uncommon and nearly unobtainable. Housed in a customized half morocco clamshell field.

Schumpeter’s idea of enterprise cycles places its emphasis on industrial improvements quite than banking. Schumpeter begins his account of enterprise cycles at the prime quite than the backside 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.”