Quarterly Journal of Austrian Economics
Author:
Frank Schohl
Online Publish Date:
Volume 2, No. 1 (Spring 1999) Schumpeter’s business cycle theory is rooted in chapter 6 of the Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle which he published in 1911.[1] This book, which laid the foundations for Schumpeter’s scientific work, did not become famous because of its