Business Cycles: A Theoretical, Historical, And Statistical Analysis of the Capitalist Process.

Rare First Edition of Economist’s Joseph Schumpeter’s Classic Work Business Cycles; Inscribed by Him to Fellow Economist Seymour Harris

Business Cycles: A Theoretical, Historical, And Statistical Analysis of the Capitalist Process.

SCHUMPETER, Joseph A.

$42,000.00

Item Number: 4496

New York: McGraw-Hill Book Company, Inc., 1939.

First edition of the economist’s ground-breaking work. Octavo, 2 volumes. Original cloth. Inscribed by the author on the front free endpaper of volume one, “To Seymour Harris with kind regards Joseph Schumpeter.” Some light rubbing to the bottom of the cloth, a near fine set of this landmark work. The recipient, Harvard economics professor Seymour Harris, was an editor of the book, Schumpeter as Social Scientist and editor of The New Economics; which Schumpeter was a contributor. Books signed by Schumpeter are extremely rare and virtually unobtainable. Housed in a custom half morocco clamshell box.

Schumpeter’s theory of business cycles puts its emphasis on industrial innovations rather than banking. Schumpeter starts his account of business cycles at the top rather than the bottom of the cycle. "The reader needs only to make the experiment. If he comes to survey industrial history from, say, 1760 onwards, he will discover two things; he will find that very many booms are unmistakably characterized by revolutionary changes in some branch of industry which, in consequence, leads the boom, railways, for instance in the forties, or steel in the eighties, or electricity in the nineties."

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If you are interested in an item from one of our catalogues or our website and would like more information before ordering it, please give us a call; one of our salespeople will be happy to speak with you and answer any questions that you might have. For some items, we can also email digital photographs.

All of our items are guaranteed as described and are shipped on approval. We accept MasterCard, Visa, American Express, Discover, checks and wire transfer. For first-time buyers, we prefer a credit card and we will only ship to the billing address on the card. We do ask that if you are not satisfied with the item, you contact us by phone as quickly as possible and return the item within ten days.

We ship worldwide and all packages will be sent via UPS or Federal Express unless another carrier is requested. Next-day or second-day air service is available upon request. Shipping and insurance charges are additional.