Translated and with an Introduction by Bruce A. McDaniel. First edition in English. 8vo. xxvi, 464 pp. Original green cloth, spine lettered in white, dust jacket. A fine copy. New Brunswick, Transaction Publishers, 2010.
The first English translation of Schumpeter’s first book, published over a century since its original appearance in German. ‘This is the last major works of Schumpeter’s to appear in the English language, and in a certain sense it is the most important, representing as it does the first formulation of Schumpeter’s economic theory’ (review by Matthew McCaffery in the Journal of the History of Economic Thought).