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ISBN-13: 9781578985562; ISBN-10: 1578985560. ISBN-13: 9781578985562; ISBN-10: 1578985560. Schumpeter, Joseph Alois. Business Cycles: A Theoretical, Historical, And Statistical Analysis of The Capitalist Process. [xvi] 1-448; [ix] 449-1095 pp. Oversized octavo. 2 Volumes. Reprint Martino Publishing, 2005. ISBN 1578985560. Cloth. New. Reprint of the first edition. The author is without doubt one of the most influential economists of the 20th century and this is considered his magnum opus. Schumpeter focused on the historical role of technological innovation in accounting for the high degree of instability in capitalists societies. He aims to analyze empirically the process of economic development using historical and statistical material based on the theoretical framework developed in his earlier writings. He tried to integrate theory and history primarily by means of statistics.
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