The Entrepreneur: Classic Texts by Joseph A. Schumpeter

The editors of this book have done a great service to readers interested in Joseph Schumpeter -- the man and scholar, in the development of dynamical or evolutionary models of economics, and in entrepreneurship. Becker and Knudsen translated some papers and chapters that have been heretofore unavailable in English -- pieces that Schumpeter wrote in his early days (1911) and after his failed forays into politics and banking. The editors array these pieces among the well known chapters of Capitalism, Socialism, and Democracy (1942) and the English version of The Theory of Economic Development (1934) that are the later development of Schumpeter's agent for economic dynamics -- the metaphorical entrepreneur. Taken as a whole, one can see the development of Schumpeter's thinking about entrepreneurial types and the functions of the entrepreneur during his personal journey from the end of the Habsburg Empire into post-WWII America.