File:Joseph_Schumpeter_1945_Bachrach_portrait.png · Wikimedia Commons · See Wikimedia Commons
Joseph Schumpeter
Sign in to saveAlso known as Josef Aloys Schumpeter, Joseph Alois Schumpeter, Joseph A. Schumpeter
Austrian political economist (1883–1950)
Joseph Schumpeter was an Austrian economist (1883–1950) who developed influential theories about how capitalism evolves through innovation and competition. His ideas about entrepreneurship and "creative destruction" — the process by which new innovations replace old economic structures — continue to shape how economists and business leaders understand economic progress and change.
AI-generated from the Wikipedia summary — may contain errors.
Wikidata facts
- Instance of
- human
- Given name
- Alois
- Gender
- male
- Citizenship
- Germany
- Place of birth
- Třešť
- Place of death
- Salisbury
- Occupation
- university teacher
- Educated at
- Theresianum
- Employer
- Chernivtsi University
- Languages spoken
- English language
- Native language
- German
- Notable work
- Capitalism, Socialism and Democracy
- Academic degree
- Doctor of Philosophy
- Doctoral advisor
- Friedrich von Wieser
- Student of
- Eugen von Böhm-Bawerk
- Field of work
- economics
- Image
- Joseph Schumpeter ekonomialaria.jpg
Show 14 more facts
- manner of death
- natural causes
- name in native language
- Joseph Schumpeter
- birth name
- Joseph Alois Schumpeter
- maintained by WikiProject
- WikiProject Mathematics
- Commons category
- Joseph Schumpeter
- date of birth
- 1883-02-08
- date of death
- 1950-06-21
- student
- Nicholas Georgescu-Roegen
- topic's main category
- Category:Joseph Schumpeter
- cause of death
- cardiac arrest
- ethnic group
- Germans
- on focus list of Wikimedia project
- Wikipedia:Vital articles/Level/4
via Wikidata · CC0
~40 min read
Encyclopedic overview
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 Sombart. His magnum opus is considered to be Capitalism, Socialism and Democracy.
Excerpted from Wikipedia’s “Joseph Schumpeter” article, available under the CC BY-SA 4.0 licence.
Gallery (2)
Available in 59 languages
- Español
- Français
- Deutsch
- 中文
- 日本語
- Русский
- Português
- Italiano
- العربية
- Afrikaans
- Armenian
- Azerbaijani
- Bahasa Indonesia
- Bangla
- Bashkir
- Basque
- Belarusian
- Bulgarian
Show 40 more
- Catalan
- Central Kurdish
- Croatian
- Czech
- Danish
- Egyptian Arabic
- Esperanto
- Faroese
- Finnish
- Galician
- Georgian
- Greek
- Hebrew
- Hungarian
- Icelandic
- Ido
- Kyrgyz
- Latin
- Latvian
- Macedonian
- Nederlands
- Norwegian
- Occitan
- Pashto
- Polski
- Romanian
- Serbian
- Serbian (Latin)
- simple
- Slovak
- Svenska
- Tiếng Việt
- Türkçe
- Ukrainian
- Urdu
- Uzbek
- zh_min_nan
- zh_yue
- فارسی
- 한국어
via Wikidata sitelinks · CC0