Forbes magazine once suggested that Schumpeter, rather than Keynes, is the seminal economist for our time. Schumpeter had a dynamic vision of capitalism, stressed entrepreneurship, and yet saw that a ...

We are now living, it is said, in the Age of Schumpeter. The Age of Who? That's economist Joseph Schumpeter (1883-1950). A half century ago, he published his classic "Capitalism, Socialism and ...

For seventy-five years, 1942–2017, Joseph Schumpeter’s fearful warning to Americans about the messy breakdown of capitalism and the political order fell short. Schumpeter articulated his thinking in ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. David Kindness is a Certified Public ...

Seventy years ago, on January 8, 1950, one of the most famous economists of the 20 th century passed away at the age of 66, Joseph A. Schumpeter. During and after his lifetime, he has been identified ...

In his 1942 book, Capitalism, Socialism and Democracy, Joseph Schumpeter asked the essential question: “Can capitalism survive?” His unsettling answer was, “No. I do not think it can.” Schumpeter’s ...

Edmund, Ned, Phelps certainly did not need to write Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change to make a name for himself. His work on labor market economics was ...

As the second world war raged, Western intellectuals wondered if civilisation could recover. George Orwell, the most brilliant of the pessimists, wrote “Animal Farm” and began work on “1984”, which ...

Why Joseph Schumpeter is suddenly all the rage in Washington. Adam Smith, make room: Joseph Schumpeter has come to Washington. Capital policy wonks may not yet be wearing Schumpeter ties, but the ...