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Economists, Entrepreneurs and the Pursuit of Economics: An Analysis of the Views of the Entrepreneur Among the Economists of the Classical Period and

Economists, Entrepreneurs and the Pursuit of Economics: An Analysis of the Views of the Entrepreneur Among the Economists of the Classical Period and

Paperback

Series: Europaeische Hochschulschriften / European University Studie, Book 2187

EconomicsGeneral European History

Currently unavailable to order

ISBN10: 3631341229
ISBN13: 9783631341223
Publisher: Peter Lang
Published: Nov 1 1998
Pages: 258
Language: English
The entrepreneur - good or evil? Necessary for a prospering economy or the unscrupulous exploiter of workers and the environment? There is probably no other economic agent as disputed in political discussion as the entrepreneur. In mainstream economics, nonetheless, one can hardly find any treatment of this figure. The allusion to Smith's invisible hand is thought sufficient to acquit the employer and decision-maker of any harm done. But is this support from the past properly chosen, was Smith actually that little critical of the entrepreneurs and what view of this economic agent had other eminent thinkers in the first century of economic science (1776-1870)? This work provides a comprehensive analysis of the treatment of the entrepreneur by the early economists. It is uncovered that the diversity of ideas developed in that period is not only a valuable source for modern theories of entrepreneurship, but also raises questions about the objectivity and the progress of economic science.

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Economics