Schumpeter's Assessment of Adam Smith and 'The Wealth of Nations' : Why He Got It Wrong

In his History of Economic Analysis, Joseph Schumpeter (Schumpeter 1954a) dismissed Adam Smith's Nature and Causes of the Wealth of Nations (Smith 1976) in a blunt and ad hominem manner. We argue that Schumpeter's assessment resulted from his failure to appreciate the rhetorical structure of Smith's masterpiece, a failure largely due to Schumpeter not having access to student notes of Smith's lectures on rhetoric that surfaced only after Schumpeter's death

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Year of publication:	2018
Authors:	Ortmann, Andreas
Other Persons:	Baranowski, David (contributor) ; Walraevens, Benoit (contributor)
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Ökonomische Ideengeschichte \| History of economic thought \| Theorie \| Theory \| Klassische Ökonomie \| Classical economics

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