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History of Economic Analysis part 121

History of Economic Analysis part 121. At the time of his death in 1950, Joseph Schumpeter-one of the major figures in economics during the first half of the 20th century-was working on his monumental History of Economic Analysis. A complete history of humankind's theoretical efforts to understand economic phenomena from ancient Greece to the present, this book is an important contribution to the history of ideas as well as to economics. | Editor s appendix 1162 toward the end of December 1949 J.A.S. began to go through Part III systematically. In addition to penciled corrections on the typescript there was a little pile of notes on several sheets still attached to a pad with the heading Reading III 30.xii.49. These were undoubtedly suggestions for changes. Then or earlier he had also removed some pages from the end of Chapter 5 sec. 5c The Model and sec. 6 The Classic Conception of Economic Development . Clipped to the first of these pages was a sheet of shorthand notes with the comment Ch. 5 sec. 5 becomes quite loose There were not so many early versions for Part III as for the preceding part. There was a Chapter II The Political and Intellectual Scenery a few pages of which were used in the final version of Chapter 3 there was a Chapter III Scope and Method a few pages of which were used in the final version of Chapter 5 and there was the material with no title on Senior s Four Postulates which without being rewritten became the first section of Chapter 6. The first and last of these three were typed in December 1943. The editorial note on page 575 explains that J.A.S. would have revised the material on Senior s postulates and integrated it with the rest of the chapter. But how do we know this The rest of this chapter was written rather late probably in 1948. There were 161 typed pages but it began with section 2 Value . The first page of section 2 was page 1 of the typescript. The material on Senior s postulates in a folder was put at the beginning of the chapter. In discussing the plan of Part IV on page 758 J.A.S. wrote Chapter 7 Equilibrium Analysis corresponds to Chapter 6 of Part III and assigns the same piloting function to Walras that was assigned to Senior in Part III. There was also another problem that of a title for Chapter 6. All the other chapters in Part III were complete with titles section titles and in many cases subsection titles. All of Chapter 6 from section 2 on was complete