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Examples
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Another point of view is that of Joseph Alois Schumpeter (February 8, 1883 January 8, 1950), who invented the notion of Creative Destruction.
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Joseph Alois Schumpeter, during his short tenure as minister of finance, had put his name to an order-of-council merely spelling out what was undoubtedly valid law, namely that debts incurred in crowns when they had a higher value could be repaid in depreciated crowns, ultimately worth only 1/15,000th of their original value.
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We are living through a credit bubble, which is part of growth in our capitalist system as described best and most romantically by Joseph Alois Schumpeter in "The Theory of Economic Development".
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On the plus side, McCraw's life of Joseph Alois Schumpeter is not as dauntingly long as it seems: Nearly 30\% of the volume is devoted to notes and other end matter, and so the text runs to a more digestible 506 pages.
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On the plus side, McCraw's life of Joseph Alois Schumpeter is not as dauntingly long as it seems: Nearly 30\% of the volume is devoted to notes and other end matter, and so the text runs to a more digestible 506 pages.
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628–645; Gottfried Haberler, “Joseph Alois Schumpeter,” Quarterly Journal of Economics, August 1950, pp.
The Worldly Philosophers Robert L. Heilbroner 1999
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628–645; Gottfried Haberler, “Joseph Alois Schumpeter,” Quarterly Journal of Economics, August 1950, pp.
The Worldly Philosophers Robert L. Heilbroner 1999
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Joseph Alois Schumpeter pronounced Chum-pate’-er was born in Moravia in February 1883.
Economic Principals David Warsh 1993
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Joseph Alois Schumpeter was born in Austria in 1883—the same year as Keynes’s birth—of solid but undistinguished stock.
The Worldly Philosophers Robert L. Heilbroner 1999
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Joseph Alois Schumpeter was born in Austria in 1883—the same year as Keynes’s birth—of solid but undistinguished stock.
The Worldly Philosophers Robert L. Heilbroner 1999
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