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Joseph Schumpeter

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Noun1.Joseph Schumpeter - United States economist (born in Czechoslovakia) (1883-1950)


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Relevance of Joseph Schumpeter In a sense, the magic of the Japanese economic miracle lies in a simple fact.
lt;p>Nevertheless, this creative destruction (a term coined by Joseph Schumpeter, subject of an excellent biography that is well-worth reading) is a fact of modern life.
The so-called Great Gap of Joseph Schumpeter is not an ontological issue, for there is no gap in economic thought.
 
 
 
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