Thursday, May 3, 2007

"Prophet of Innovation"

Recently published by Harvard University Press: Thomas K. McCraw's Prophet of Innovation: Joseph Schumpeter and Creative Destruction.

About the book, from the publisher:

From the rave review in the Economist:
Now [Schumpeter] has received yet another accolade: a fat, learned biography by Thomas McCraw, one of America's most respected business historians, the author of a Pulitzer prize-winning history of the rise of regulation. He has found the perfect subject in Schumpeter. He succeeds in getting inside the economist's head, explaining not just what he thought but why he thought it. Beyond this, he also succeeds in painting a portrait of his times. Fin de siècle Vienna, Weimar Germany, Harvard University (where he is seen in our photograph) before and after the first world war: all come to life on these pages. [read more]