How long does it take to read The Theory of Economic Development?
The Theory of Economic Development by Joseph A. Schumpeter takes about 4 hours 41 minutes to read at 250 words a minute.
About 4 hours 41 minutes
A weekend read
First published 1912. 255 pages, about 70,125 words.
10 days at 30 minutes a day
Estimate based on 275 words per page.
At other speeds
| Slow, 150 words a minute | 7 hours 48 minutes |
| Average, 250 words a minute | 4 hours 41 minutes |
| Fast, 400 words a minute | 2 hours 55 minutes |
The page count is the median across 41 editions, so your copy may differ. How we calculate.
About the book
Overview: Schumpeter proclaims in this classical analysis of capitalist society first published in 1911 that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact. Of those who argue against him, Schumpeter asks a fundamental question: "Is it really artificial to keep separate the phenomena incidental to running a firm and the phenomena incidental to creating a new one?" In his answers, Schumpeter offers guidance to Third World politicians no less than First World businesspeople. In his substantial new introduction, John E. Elliott discusses the salient ideas of The Theory of Economic Development against the historical background of three great periods of economic thought in the last two decades.
Subjects: Economics, Economic development, Economic history, Capitalism, Développement économique, Economische ontwikkeling
