Open the door -- Schumpeter, the master of innovation theory

Author: Lorin A. Allen
Publisher:
Publish Date: 2003-04-01
Features: This book is a biographical work on the life and thought of Joseph Schumpeter. The author, Lorin A. Allen, has taught at the University of Virginia, the University of Orleans, and the University of Missouri. He met Schumpeter while studying as a graduate student at Harvard University in 1947. To write this book, Allen visited Schumpeter's hometown and the institutions where he had worked. Prominent economist Walt Rostow wrote the foreword for the book, praising it as one of the few outstanding biographies of great economists. Other renowned economists, such as Hayek and Samuelson, also wrote articles highly praising this biography. The book analyzes the great economist Schumpeter, whose stature was comparable to that of Keynes, Hayek, and Marshall, from three perspectives: as a teacher, his life's theme was always to open doors for inquiring minds and guide students into the world of scholarship, striving to create future scholars. As a scholar and thinker, Schumpeter made contributions in five or six different fields of knowledge, including economics, political science, and sociology. As an extraordinary and contradictory person, he made us recall the young David Hume's maxim: "What is man? A bundle of contradictions." Contradictions, failures, disasters, and disappointments were the main notes of his life and work. He lived a contradictory life, engaged in a contradictory career, thought about contradictory ideas, and wrote works filled with contradictions. This book is a biographical work on the life and thought of Joseph Schumpeter. The author, Lorin A. Allen, has taught at the University of Virginia, the University of Orleans, and the University of Missouri. He met Schumpeter while studying as a graduate student at Harvard University in 1947. To write this book, Allen visited Schumpeter's hometown and the institutions where he had worked. Prominent economist Walt Rostow wrote the foreword for the book, praising it as one of the few outstanding biographies of great economists. Other renowned economists, such as Hayek and Samuelson, also wrote articles highly praising this biography. The book analyzes the great economist Schumpeter, whose stature was comparable to that of Keynes, Hayek, and Marshall, from three perspectives: as a teacher, his life's theme was always to open doors for inquiring minds and guide students into the world of scholarship, striving to create future scholars. As a scholar and thinker, Schumpeter made contributions in five or six different fields of knowledge, including economics, political science, and sociology. As an extraordinary and contradictory person, he made us recall the young David Hume's maxim: "What is man? A bundle of contradictions." Contradictions, failures, disasters, and disappointments were the main notes of his life and work. He lived a contradictory life, engaged in a contradictory career, thought about contradictory ideas, and wrote works filled with contradictions.