Opening Doors: The Life and Work of Joseph Schumpeter.

The New Leader | March 11, 1991| | Copyright

 
  By Robert Loring Allen 
Transaction. 
Volume I.- Europe 
324 pp. $39.95. 
Volume II.- America 
340 pp. $39.95. 
Set, $69.95. 
  Reviewed by 
Harvey H. Segal 
Author,  Corporate Makeover., The 
Reshaping of the American Economy

JOSEPH ALOIS SCHUMPETER (1883-1950) was the last in the line of great economists who combined analytical virtuosity with an understanding of the wider socio-political landscape. Like Adain Smith, John Stuart MUI and Karl Marx, he not only made a fundamental contribution to economic theory-the analysis of the vital role of innovation and ...

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