At the time of his death in 1950, Joseph Schumpeter was working on his monumental History of Economic Analysis. Unprecedented in scope, the book was to provide a complete history of economic theory from Ancient Greece to the end of WWII. A major contribution to the history of ideas as well as to economics, History of Economic Analysis rapidly gained a reputation as a unique work. Topics addressed include the techniques of economic analysis, contemporaneous developments in other sciences and the sociology of economics.

Originally published in 1952, this seminal work is reproduced here with a new introduction by Professor Mark Perlman, a well-known Schumpeterian scholar. The essays, written between 1910-50 were primarily commemorative pieces marking the achievement of a celebrated economist. Those covered include:
* Marx
* Walras
* Menger
* Marshall
* Pareto
* Bohm-Bawerk
* Taussig
* Fisher
* Mitchell
* Keynes
The appendix includes articles on lesser-known economists Knapp, Von Wieser; Von Bortkiewicz.
With the exception of Marx, Schumpeter himself selected the ten main...

Capitalism, Socialism and Democracy remains one of the greatest works of social theory written this century. When it first appeared the New English Weekly predicted that for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated.

Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist...