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Joseph Alois Schumpeter (German: [ˈʃʊmpeːtɐ]; February 8, 1883 – January 8, 1950) was an Austrian political economist. He served briefly as Finance Minister of Austria in 1919.
Jan 30, 2022 · Learn about Joseph Schumpeter, an Austrian-trained economist and author who coined the term "creative destruction" and introduced the concept of entrepreneurship. Explore his contributions to economic science and political theory, and how he influenced modern thinking on how economies evolve.
- Daniel Liberto
Jun 13, 2024 · Joseph Schumpeter (born February 8, 1883, Triesch, Moravia [now Třešť, Czech Republic]—died January 8, 1950, Taconic, Connecticut, U.S.) was a Moravian-born American economist and sociologist known for his theories of capitalist development and business cycles.
Oct 24, 2020 · Learn about the economic theory of innovation and entrepreneurship developed by Joseph A. Schumpeter, who coined the term "creative destruction". Explore his concepts of new combinations, innovation types, diffusion, and economic development.
- christopher.ziemnowicz@uncp.edu
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.
May 7, 2007 · A biography of Joseph Schumpeter, the economist who coined the term "creative destruction" and analyzed the role of innovation and entrepreneurship in capitalism. Learn how Schumpeter's ideas are still relevant for business leaders and students today.
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
