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 ...
May 28, 2024 · Joseph Schumpeter was a Moravian-born American economist and sociologist known for his theories of capitalist development and business ...
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Schumpeter proclaims in this classical analysis of capitalist society first published in 1911 that economics is a natural self-regulating mechanism when ...
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Schumpeter. Our Schumpeter columnist and his colleagues consider business, finance and management, in a blog named after the economist Joseph Schumpeter. The ...
Schumpeter, Joseph A. The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Cambridge: Harvard ...
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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The renowned economist Joseph A. Schumpeter (1883-1950) made seminal contributions not only to economic theory but also to sociology and economic history.
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