Schumpeter's Assessment of Adam Smith and 'The Wealth of Nations' : Why He Got It Wrong

In his History of Economic Analysis, Joseph Schumpeter (Schumpeter 1954a) dismissed Adam Smith's Nature and Causes of the Wealth of Nations (Smith 1976) in a blunt and ad hominem manner. We argue that Schumpeter's assessment resulted from his failure to appreciate the rhetorical structure of Smith's masterpiece, a failure largely due to Schumpeter not having access to student notes of Smith's lectures on rhetoric that surfaced only after Schumpeter's death

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Year of publication:	2018
Authors:	Ortmann, Andreas
Other Persons:	Baranowski, David (contributor) ; Walraevens, Benoit (contributor)
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Ökonomische Ideengeschichte \| History of economic thought \| Theorie \| Theory

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Extent:	1 Online-Ressource (27 p)
Series:	UNSW Business School Research Paper ; No. 2015 ECON 28
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 30, 2018 erstellt
Other identifiers:	10.2139/ssrn.2714146 [DOI]
Classification:	B10 - History of Economic Thought through 1925. General ; B12 - Classical ; C70 - Game Theory and Bargaining Theory. General ; C72 - Noncooperative Games
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012936606