Schumpeter in 1 Minute: Innovation & Disruption
Schumpeter vs Keynes in under a minute: innovation and “creative destruction” versus stability and demand management. Full video: https://youtu.be/qkjbTUVBdGE #shorts #economics #schumpeter #keynes #creativedestruction #innovation #capitalism #slowdowneconomics schumpeter, joseph schumpeter, creative destruction, schumpeter vs keynes, keynes, economics short, economics, capitalism, innovation, disruption, business cycles, boom bust, recession, entrepreneur, entrepreneurship, big tech, market power, political economy, slowdowneconomics
About Joseph Schumpeter
Joseph Alois Schumpeter (German: [ˈʃʊmpeːtɐ]; February 8, 1883 – January 8, 1950) was an Austrian political economist. He served briefly as Finance Minister of Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship. Schumpeter was one of the most influential economists of the early 20th century, and popularized creative destruction, a term coined by Werner So...
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