Schumpeter's Venture Money Arthur W. Leissa Although depression has been long

Although depression has been long considered an exclusively mental disorder

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Schumpeter's Venture Money Arthur W. Leissa Although depression has been longDistinctively tying history with theory, political economist Joseph A. Schumpeter reached far back in time to understand what drives economic development and determines its course. Historical and empirical research provided a laboratory for learning. At the same time, he reached for a long term vision through theoretical inspection and utmost abstraction, seeking to distil a phenomenon's essential nature and function. He believed that good theory can