2012 Reprint of 1954 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. Economic Doctrine and Method deals with the progress of economics as a science and particularly with the historical sequence in which economic theories have developed. Successive doctrines are viewed as progressive expansions, clarifications and refinements of one another in an evolution toward a pure science of economics. Schumpeter is best known for his work on Business Cycles and the concept of creative destruction.