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 ...

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 ...

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 ...

The American Journal of Economics and Sociology, Vol. 61, No. 2 (Apr., 2002), pp. 439-480 (42 pages) This paper examines and compares, in both historical and theoretical perspectives, Hayek's and ...

Joseph Alois Schumpeter was certainly from a time and place much different than our own, but he understood and anticipated much of the economic and social phenomena we see all around us. Born on this ...

No. 67, What have we learnt on Classical economics since Sraffa? /Qu’a-t-on appris sur l’économie classique depuis Sraffa? (2014), pp. 35-54 (20 pages) Schumpeter’s business cycle and growth theory ...

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 ...

The debate over America’s electric power mix has exposed that some partisans have a near-theological devotion to particular fuels. Opinions on retiring coal and nuclear plants and prospects for ...

There is an inconvenient truth about Joseph Schumpeter, patron saint of this column. As an economist, his biggest contribution was to single out entrepreneurs as core to the business cycle. Early in ...

IT WAS in 1942 that Joseph Schumpeter published his only bestseller, “Capitalism, Socialism and Democracy”. The book was popular for good reason. It was a tour de force of economics, history and ...

The C grade Fred Smith received from a Yale professor about his vision for an overnight delivery service is much less remarkable than is assumed. Naturally Smith got a C. Rest assured that most ...