The Theory of Economic Development: An Inquiry Into Profits, Capital, Credit, Interest, and the Business Cycle

With Opie, Redvers, Cambridge, Massachusetts: Harvard University Press, 1934, xii, 255 pp.; New Brunswick, New Jersey: Transaction, 1983, xiv, 255 pp.

From Harvard University Press: Joseph A. Schumpeter proclaims in this classical analysis of capitalist society first published in 1911 that economics is a natural self-regulating mechanism when undisturbed by “social and other meddlers.” Despite weaknesses, he argues, theories… More

Capitalism, Socialism and Democracy

New York: Harper & Brothers, 1942, x, 381 pp.; New York: Harper Perennial Modern Thought, 2008, xxxii, 431 pp.

From Harper & Brothers: Capitalism, Socialism and Democracy is one of the great classics in twentieth century social science. What makes Schumpeter’s book so brilliant are three things in particular: its novel view of democracy; its heretic analysis of the workings of the… More

Rudimentary Mathematics for Economists and Statisticians

With Crum, William Leonard, New York, McGraw-Hill, 1946, xi, 183 pp.

Excerpt: The objective of this book is to present rudimentary ideas and operations essential to any effective mathematical reasoning by economists and statisticians.

Imperialism and Social Classes

New York: A.M. Kelly, 1951, xxv, 221 pp.; Eastford, Connecticut: Martino, 2014, 248 pp.

From Amazon: Joseph Schumpeter was not a member of the Austrian School, but he was an enormously creative classical liberal, and this 1919 book shows him at his best. He presents a theory of how states become empires and applies his insight to explaining many historical episodes. His… More

Ten Great Economists: From Marx to Keynes

New York: Oxford University Press, 1951, xiv, 305 pp.; San Diego, California: Simon, 2003, xiv, 305 pp.

Brilliant evaluations of the men most influential in shaping economic thought: Marx, Walras, Menger, Marshall, Pareto, Bohm-Bawerk, Taussig, Fisher, Mitchell and Keynes, In the Appendix: Knapp, von Wiser and Bortkiewitz.

Economic Doctrine and Method: An Historical Sketch

New York: Oxford University Press, 1954, 207 pp.; London: Routledge, 2003, 207 pp.

Beginning with a survey of economic thought from Aristotle to modern times, this book goes on to trace the development of the concept of the circular flow of economic forces. The final sections cover the theorems of the classical economists and the genesis of the school of marginal… More

History of Economic Analysis

New York: Oxford University Press, 1954, xxv, 1260 pp.; New York: Oxford University Press, 1996, 1320 pp.

From Oxford University Press: At the time of his death in 1950, Joseph Schumpeter – one of the great economists of the first half of the 20th century – was working on his monumental History of Economic Analysis. A complete history of efforts to understand the subject of economics from… More

The Nature and Essence of Economic Theory

McDaniel, Bruce A. (trans.), New Brunswick, New Jersey: Transaction, 2009, 490 pp.

From Amazon: In a tribute to Joseph A. Schumpeter, a great figure in the history and development of economics, this work brings together for publication his brilliantly crafted lectures delivered more than a century ago. In The Nature and Essence of Economic Theory, now available for the… More

Treatise on Money

Mann, Fritz Karl (ed.), Alvarado, Ruben (trans.), Aalten, Netherlands: Wordbridge, 2014, xxxviii, 335 pp.

From Amazon: Together with John Maynard Keynes and Milton Friedman, Joseph Schumpeter is regarded as one of the three greatest economists of the 20th century. And yet, his actual economic writing has remained something of an enigma. Capitalism, Socialism, and Democracy, his best-known… More