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Joseph Alois Schumpeter ( German: [ˈʃʊmpeːtɐ]; February 8, 1883 – January 8, 1950) [3] 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
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
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15 hours ago · Joseph Alois Schumpeter was born on 8 February 1883 in Triesch, a small city in Moravia. His father came from a long line of textile entrepreneurs, manufacturers and traders and died when Schumpeter was young. His mother decided to move to Graz in Austria where she married a retired high-ranking military officer.
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.
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
Learn about the life and work of Joseph Schumpeter, one of the most accomplished economists of the twentieth century and the pioneer of entrepreneurship theory. Explore his insights on creative destruction, business cycles, economic development, and democracy through a book and a podcast series by Russell S. Sobel and Jason Clemens.
