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In this major scholarly study of the life of Joseph A. Schumpeter, one of the great intellectual figures of the twentieth century, the distinguished economist Wolfgang Stolper delves into the mind of his former teacher, exploring the development of his ideas and, especially, their influence on politics and public policy. After reflecting briefly on Schumpeter the man, Stolper explains the evolution of Schumpeter's work, particularly his insights during the 1920s on public finance, his contributions to monetary theory and the study of business cycles, and his writings on socialism. Stolper goes on to desribe and evaluate Schumpeter's public activities following World War I and his role as a f...
This title was first published in 2003.Wolfgang Stolper was one of the first Western economists to serve as an adviser in the government of an independent African country. In 1960 he was brought in by the Nigerian government to help shape Nigeria’s first post-independence development plan. His remarkably candid diaries chronicle his struggles and frustrations with officials, interference, waste and corruption at the heart of a government and unfolds the extraordinary story of his warmth and friendship with a country and its people. Brutally frank, compelling and disarmingly thoughtful, Inside Independent Nigeria brings to light one of the most exceptional documents on post-independence Nigeria, and delivers a fascinating picture of a pivotal era in the development of Western economic planning in Africa. No student or researcher of African political history, economics or development studies will want to be without this utterly riveting book.
Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeop...
Matthew Wolfgang Stolper began working for the Chicago Assyrian Dictionary in 1978 and became full professor in the Oriental Institute 1987, focusing on Neo-Babylonian and Middle Elamite. Matt has worked tirelessly to raise the necessary funding, to assemble a team of scholars, to promote the importance of the Persepolis Fortification Archive to academic and popular audiences, and most significantly, to concisely, passionately, and convincingly place the Persepolis Archives in their Achaemenid, ancient Near Eastern, and modern geo-political contexts. The twenty-six papers from Stolper's colleagues, friends, and students show the breadth of his interests.
Joseph Alois Schumpeter is arguably the most important economist of the 20th century. Most readers are familiar with his Theory of Economic Development and his classic Capitalism, Socialism and Democracy. Less well-known are his seminal works published before he left Europe for the United States in 1942. In particular for the first time the missing Chapter Seven of his Theory of Economic Development has been published in this volume. It tries to put Economic Development into the broader context of culture, law and policy. Many of his earlier writings display a similar integrative approach and are therefore often treated as sociological writings. As Capitalism, Socialism and Democracy shows, he did not dissociate the different social sciences in his own mind but rather strove to keep the unity of the social sciences. Entrepreneurship, style and vision are the unifying concepts of his work.
"An excellent book. . . . [It] provides a unique picture of the processes of globalist institution transformation in a crucial, less developed country."—John Willoughby, American University
Ideas and concepts have been a driving force in human progress, and they may be the most important legacy of the United Nations. UN ideas have set past, present, and future international agendas in many global economic and social arenas and have also led to initiatives and actions that have improved the quality of human life. This capstone volume draws upon findings of the other 14 books in the acclaimed United Nations Intellectual History Project Series. The authors not only assess the development and implementation of UN ideas regarding sustainable economic development and human security, but also apply lessons learned to suggest ways in which the United Nations can play a fuller role in confronting the challenges of human survival with dignity in the 21st century.
This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.
The present state of economics is a very fixed culture of one-flow analysis, symbolized in the culture by talk of GDP. Lonergan’s breakthrough was to identify, after a more than a decade of historical and theoretic work, the historical reality and scientific identity of two flows. So, very simply, where Newton leaped from 2 to 1, Lonergan leaped from 1 to 2. The operable heuristic comes from a clear leap, e.g., from viewing economic output as GDP to arrive at an empirically defined GDP' and GDP", where the single prime points to consumer goods and the double prime points to producer goods. The leap seems simple but it requires very precise thinking about the relations between the two econo...