Schumpeter, Joseph Alois, 1939, Business Cycles: A Theoretical, Historical, and Statistical Analysis of the Capitalist Process, New York and London, McGraw – Hill Book Company Inc

Introduction: Schumpeter and his intellectual legacyDespite the tens of years that have elapsed since he published his theories and the hundreds of fierce critics he faced, some of whom tried their best to demolish every aspect of his conceptions [e.g. Kuznets (1940)], Joseph A. Schumpeter continues to stir controversy in the field of economics and well beyond. Hundreds of papers are annually published about his theories, and the number of...