Schumpeter was one of the most influential economists of the early 20th century, and popularized the term "creative destruction", coined by Werner Sombart.
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Joseph Schumpeter is one of the 20th century's great economic thinkers, best-known for his theories on business cycles and capitalist development.
Joseph Schumpeter
Former Finance Minister of German-Austria
Joseph Alois Schumpeter was an Austrian political economist. He served briefly as Finance Minister of Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his... Wikipedia
Born: February 8, 1883, Třešť, Czechia
Died: January 8, 1950 (age 66 years), Taconic, Salisbury, CT
Influenced: Peter Drucker, Israel Kirzner, Milton Friedman, and more
Education: University of Vienna and Theresianum
Influenced by: Ludwig von Mises, Émile Durkheim, Vilfredo Pareto, and more
Academic advisors: Eugen von Böhm-Bawerk and Friedrich von Wieser
Schumpeter argued with the prevailing view that “perfect” competition was the way to maximize economic well-being. Under perfect competition all firms in an ...
Apr 5, 2024 · Author of The Worldly Philosophers; The Nature and Logic of Capitalism; and others. ... Associate Professor of Economics, George Mason University, ...
Jun 10, 2000 · Schumpeter was an Austrian-trained economist, economic historian and ardent capitalist who developed a theory with the breadth and grandeur of ...
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Through the process of destructive competition, Schumpeter argues that the vital institutions of capitalism, ownership of property and freedom of choice in ...
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$45.00
This anthology contains several newly translated texts and puts together, for the very first time, all of Schumpeter's writings on the entrepreneur and ...
Schumpeter, Joseph A. The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Cambridge: Harvard ...
Joseph Schumpeter (1883 – 1950) was one of the most influential economists of the early 20th century and he popularized the phrase “creative destruction.
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