Joseph Schumpeter: Difference between revisions
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| school_tradition = [[Austrian School]] | | school_tradition = [[Austrian School]] | ||
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==Links== | ==Links== | ||
{{wplink}} | * [https://freecapitalists.org/authors/joseph-schumpeter/ Author page and works at the Liberty Archive] | ||
* [http://mises.org/journals/rae/pdf/RAE1_1_6.pdf Breaking Out of the Walrasian Box: The Cases of Schumpeter and Hansen] (pdf) by Murray N. Rothbard | |||
* {{wplink}} | |||
[[Category:Economists]] | [[Category:Economists]] | ||
Latest revision as of 04:24, 13 August 2026
| Austrian School | |
|---|---|
| File:Jaschumpeter.jpg | |
| Birth |
8 February 1883 Třešť, Moravia, Austria–Hungary (now Czech Republic) |
| Death |
8 January 1950 (aged 66) Taconic, Connecticut, U.S. |
| Institution |
Harvard University 1932-50 University of Bonn 1925-32 Biedermann Bank 1921-24 University of Graz 1912-14 University of Czernowitz 1909-11 |
| Field | Economics |
| Alma mater | University of Vienna |
| Opposed | Karl Marx |
| Influences | Böhm-Bawerk, Wieser, Menger, Walras, Juglar |
| Influenced | Friedman, Samuelson, Tobin, Williams, Bergson, Georgescu-Roegen, Heilbroner |
| Contributions |
Business cycles Economic development Entrepreneurship Evolutionary economics |
Joseph Alois Schumpeter (8 February 1883 – 8 January 1950)[1] was an Austrian-American economist and political scientist. He popularized the term "creative destruction" in economics.[2]
Notes
- ↑ Liberty Fund, Inc. (2007-10-08). "Joseph Alois Schumpeter: Biography". Econlib.org. http://www.econlib.org/library/Enc/bios/Schumpeter.html. Retrieved 2010-09-21.
- ↑ Stone, Brad; Vance, Ashlee (January 25, 2009). "$200 Laptops Break a Business Model". New York Times. Retrieved 2010-09-21. "Indeed, Silicon Valley may be one of the few places where businesses are still aware of the ideas of Joseph Schumpeter, an economist from Austria who wrote about business cycles during the first half of the last century. He said the lifeblood of capitalism was “creative destruction.” Companies rising and falling would unleash innovation and in the end make the economy stronger."