Studies on the Activity of the Modern Entrepreneur

Name: Studies on the Activity of the Modern Entrepreneur
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2011 - 3-4

Title

Studies on the Activity of the Modern Entrepreneur

Author

Giovanni Demaria

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

03-2011

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

Ebook format Pdf readable on these devices:

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Description

The article discusses Schumpeter’s theses about the entrepreneur’s role and his market power. Schumpeter’s theory of profit and business enterprise is positively surveyed. Limits are set to the possibility of bank credit creation and of forced saving to provide entrepreneurs with an unbounded command over production. Finally, D. admits that, from a theoretical point of view, it would be possible to foster a continuous expansion of investments financed only by pure credit, either under a fiat money system or thanks to effective international coordination under a fixed exchange rates regime.

Key words: J.A. Schumpeter; entrepreneurial function; banking system and entrepreneurship.

JEL Classification: B2, B31, E3.