joseph schumpeter love

joseph schumpeter

Definitions

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun United States economist (born in Czechoslovakia) (1883-1950)

Etymologies

Sorry, no etymologies found.

Support

Help support Wordnik (and make this page ad-free) by adopting the word joseph schumpeter.

Examples

  • i would urge you to look up 'creative destruction'; it's an economic term with a definition, that describes how capitalism remakes itself over time by creating new industries and technologies that force archaic modes of business to extinction. it was originally coined by joseph schumpeter of the austrian school in the late 1940's.

    Propeller Most Popular Stories 2009

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.