Several of the essays are classics. In this new edition, Schumpeter's Essays can finally be read with the enjoyment and enlightenment they deserve. The volume is alive to the basic issues of our time.

Schumpeter's Capitalism Socialism and Democracy is perhaps the most important and influential book on the subject ever writtenThis volume is the result of an effort to weld into a readable form the bulk of almost forty years' thought ...

This book presents a debate through the classic statements of two leading economists of the 20th century: Joseph A. Schumpeter and Yasuma Takata. An introduction assesses and places in context the work of both Schumpeter and Takata.