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Thomas K. McCraw
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Prophet of Innovation: Joseph Schumpeter and Creative Destruction Copertina flessibile – 29 aprile 2010

Edizione Inglese di Thomas K. McCraw (Autore)
4,7 4,7 su 5 stelle 41 voti
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Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism.Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind.During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate.Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.
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  1. Lunghezza stampa
    719 pagine
  2. Lingua
    Inglese
  3. Editore
    Belknap Pr
  4. Data di pubblicazione
    29 aprile 2010
  5. Dimensioni
    15.88 x 3.18 x 23.5 cm
  6. ISBN-10
    0674034813
  7. ISBN-13
    978-0674034815
  8. Visualizza tutti i dettagli
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Recensione

Books on the lives of the great economists might not, at first blush, set the blood coursing. Yet Robert Skidelsky's masterly three-volume biography of John Maynard Keynes proved how engrossing such a life could be. It is high praise to say that Thomas McCraw's biography of Joseph Schumpeter, "Prophet of Innovation", has some of the same quality and appeal...McCraw, who has written the definitive biography of his subject, supplies many testimonials to Schumpeter's genius and influence from both his day and our own. --Robin Blackburn "The Nation" (09/24/2007)

Dettagli prodotto

  • Editore ‏ : ‎ Belknap Pr; 1° edizione (29 aprile 2010)
  • Lingua ‏ : ‎ Inglese
  • Copertina flessibile ‏ : ‎ 719 pagine
  • ISBN-10 ‏ : ‎ 0674034813
  • ISBN-13 ‏ : ‎ 978-0674034815
  • Peso articolo ‏ : ‎ 948 g
  • Dimensioni ‏ : ‎ 15.88 x 3.18 x 23.5 cm
  • Recensioni dei clienti:
    4,7 4,7 su 5 stelle 41 voti

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Thomas K. McCraw

Thomas K. McCraw

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4,7 su 5 stelle
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Amazon Customer
5,0 su 5 stelle GOOD INFORMATIVE SOURCE
Recensito in Canada il 4 settembre 2019
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GOOD BOOK FOR EVERY SCHOLLAR
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Guido
5,0 su 5 stelle Great book in great conditions.
Recensito in Spagna il 19 novembre 2018
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Great book.
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JAN ROSIER
5,0 su 5 stelle Five Stars
Recensito nel Regno Unito il 23 agosto 2015
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A gem of a book
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Richard M. Rollo
5,0 su 5 stelle "..an economist with a tragic sense of life." Daniel Bell
Recensito negli Stati Uniti il 19 agosto 2008
Acquisto verificato
I thoroughly enjoyed Prophet of Innovation as biography. I think it is the best biography I've read in twenty years.

I am not an economist, but I was first exposed to the ideas of Schumpeter in my one year general ed Economics course. This course was taught by one of only two conservative instructors in my whole college education and he was influenced by Schumpeter. (I did take economics in high school which was taught from the Keynesian model.)

That was in 1968, the year the New Deal-Cold War Liberal Democratic Party coalition was itself undergoing creative destruction. Of course, that year, the Vietnam War and the protests were the central focus. But, the Schumpeter seed had been planted in my mind and I began to see the relationships.

My Father, foolishly, as he admitted to me much later, had gotten his old job back after he left the army post World War II. He was entitled to it under the Selective Service Act of 1940. He thought he would be secure as rural passenger train depot agent. But, the railroad passenger service was about to get a creative destruction death blow. In 1954, the Boeing 707 made its maiden flight. In 1958, the Boeing 707 made its first flight for Pan Am. In 1959, he was out of a job. He was a member in good standing of the Order of Railroad Telegraphers, AFL-CIO, but that didn't matter. If you had no customers, then no business, no jobs, and no union. When the business traveler ditched the trains for the planes, that was the end of the railroad passenger service along with 110 jobs per train. (He floundered around for awhile and took a few community college classes and got a better job afterwards.)

Later, I encountered Schumpeter again in political sociology, one of my areas of study in graduate school. As the author notes, Schumpeter attacks Marx on the static nature of his theories of class structure.

For me, McCraw makes two very impressive points about Schumpeter the teacher and scholar. As Teacher, McCraw quotes his student, Paul Sweezy writing that Schumpeter never judged students and colleagues on their agreement with his views. Sweezy called it "the rarest of all qualities in a teacher." I would say its even rarer today.

As a scholar, he mostly stayed out of policy advocacy. He did not seek to found a Schumpeterian school. Many of his best students were Keynesians. It takes a great deal of courage, character, and humility to forego such ego feeding ventures. Perhaps his experience as Finance Minister in the rump Austrian socialist government post World War I cured him.

On a more somber note, it is really staggering the amount of personal tragedy this man suffered in his life. He lost his father at age four. World War I destroyed his country. He lost his mother, wife, and son all within one month. He lost one of his best graduate students at the University of Bonn, Clare Tisch, to the holocaust. He also lost his companion, driver, and caretaker, Mia Stockel to the holocaust along with her husband and sister. His third wife Elizabeth, who had rescued him from deep depression, got breast cancer in the last year of his life.

McCraw does a fine job of weaving Schumpeter's life and writings together into a great biography of Joseph Schumpeter and history of the first half of the Twentieth Century
5 persone l'hanno trovato utile
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Jules Alexandre Théophraste de Corvée de Ch...., dit "Dupond"
5,0 su 5 stelle Gigantesque travail
Recensito in Francia il 9 ottobre 2010
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Voilà un superbe travail qui permet de découvrir et la pensée de Schumpeter et son itinéraire personnel. La découverte de sa vie privée tragique (il a perdu sa mère, sa femme et son bébé en quelques jours) permet de comprendre cet homme qui va se réfugier dans le travail: son remariage avec Elisabeth étant trop tardif pour être fécond, ils se réfugieront tous deux dans le travail scientifique.
Schumpeter n'est pas un doctrinaire, mais a développé une approche scientifique qui se nourrit à l'ensemble des disciplines des sciences sociales, à commencer par l'histoire et la sociologie. Bien que mathématicien, il n'a jamais écrit une équation à l'appui de ses analyses, contrairement à la déferlante de l'économie néoclassique qui va dominer la pensée économique à partir des années 1970.
Il a donné une analyse pertinente du capitalisme fondé sur le rôle de l'entrepreneur et les cycles d'affaires liés à l'évolution de la technologie. Son oeuvre nous permet de comprendre comment les nations croissent et déclinent. Il a souligné le rôle essentiel de l'Etat pour définir le cadre institutionnel approprié au développement, pour comprendre comment créer de la richesse à partir des bonnes activités.
Schumpeter est la négation des théories de Ricardo qui ont ont malheureusement gagné la suprématie et font notre malheur en soutenant que toutes les activités se valent et que tenir une chambre d'hôte équivaut à un emploi industriel.
Schumpeter n'a jamais préconisé aucune politique économique (à la différence de Keynes), mais - l'auteur le fait remarquer à juste titre - les pays qui sont aujourd'hui en croissance obéissent aux principes de Schumpeter: l'Asie, rejointe par le Brésil aujourd'hui, des pays comme la Tunisie ou la Suisse, alors que l'Union européenne, engluée dans le mtyhe libre échangiste et libéral se désindustrialise et se paupérise.
Un gros, livre, long à lire, très détaillé et très bien référencé.
Je conseille de le lire en parallèle avec la biograpphie de Keynes par Gilles Dostaler  Keynes et ses combats . Ces deux hommes s'ignoraient alors que leur pensée est complémentaire: Keynes s'intéressait au temps court et négligeait le temps long et les cycles qui sont à la base du travail de Schumpeter. Il est bien sûr aujourd'hui impératif de réconcilier ces deux approches.
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