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Joseph Alois Schumpeter (February 8, 1883 – January 8, 1950) was an economist from Austria and a giant in the history of economic thought. His work initially received little acclaim, the work of his contemporary John Maynard Keynes garnering all the attention.
Oct 24, 2020 · These factors were analyzed by economist Joseph A. Schumpeter who became known for his contributions to economic theory in the area of innovation and entrepreneurship. This entry introduces Schumpeter’s philosophy as well as his theoretical construct of creative destruction.
Dec 21, 2021 · Joseph Alois Schumpeter’s oeuvre has been heavily cited in various theoretical traditions. However, many aspects of his work have been less widely discussed or even unexplored. In this context, the origins of his thought should be traced back in several theoretical traditions and schools of economic thought.
Joseph Alois Schumpeter. 1883-1950. “C an capitalism survive? No. I do not think it can.” Thus opens Schumpeter’s prologue to a section of his 1942 book, Capitalism, Socialism and Democracy. One might think, on the basis of the quote, that Schumpeter was a Marxist.
Joseph Schumpeter’s analysis of capitalism and creative destruction is deeply rooted in early-twentieth-century American history. His oft-cited observation that new technologies bring about competition “which strikes not only at the margins of the profits and outputs of existing firms, but at their
Joseph Alois Schumpeter (8 February 1883 – 8 January 1950) was an Austrian-German-American researcher in economics and political science. He studied the theory of Marxism and capitalism. In his view, capitalism cannot work because of what he called creative destruction.
May 7, 2007 · Economist Joseph Schumpeter was perhaps the most powerful thinker ever on innovation, entrepreneurship, and capitalism. He was also one of the most unusual personalities of the 20th century, as Harvard Business School professor emeritus Thomas K. McCraw shows in a new biography.
