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.
Person · Open Library
- Born
- 8 February 1883
- Died
- 8 January 1950
- Works
- 113
Top works
- The theory of competitive price
- The theory of economic development
- Supplemental passage references for Capitalism, socialism and democracy
- Grundlinied der Finanzpolitik für jetzt und die nächsten drei Jahre
- 資本主義・社会主義・民主主義
via Open Library + Wikidata
Music · MusicBrainz
- Type
- Person
- Gender
- Male
- Origin
- Austria
- Active from
- 1732-03-31
- Active to
- 1809-05-31
Discography
- Paukenmesse1986
- Harpsichord Concerto in D Major / Violin–Harpsichord Concerto / “Hornsignal” Symphony1988
- String Quartets - Volume 1 Op.20 No.2, Op.50 No.1, Op.76 No.21988
- Symphony No. 88 / Symphony No. 100, "Military"1988
- The "Clock" Symphony - The "Surprise" Symphony1988
- The Philosopher/ Lamentatione / The Imperial1990
- Symphonies No. 48, No. 59, No. 921991
- Symphony no. 90 in C major / Symphony no. 91 in E-flat major / Symphony no. 92 in G major (Oxford)1991
- Sinfonien - Symphonies 88, 89, 92 'Oxford'1992
- Mass in B‐flat major Hob. XXII:12 “Theresienmesse”; Mass in G major Hob XXII:6 “Sancti Nicolai”1993
via MusicBrainz · CC0
Listeners · Last.fm
- Listeners
- 20
- Total plays
- 228
<a href="https://www.last.fm/music/Joseph+Schumpeter">Read more on Last.fm</a>
Recent publications · Crossref
5 total works indexed
- You Only Look Once: Unified, Real-Time Object Detection
· 2016 · cited 38,827x
- SciPy 1.0: fundamental algorithms for scientific computing in Python
· 2020 · cited 34,734x
- Naturalistic inquiry
· 1985 · cited 33,260x
- When to use and how to report the results of PLS-SEM
· 2019 · cited 19,918x
- CONFIDENCE LIMITS ON PHYLOGENIES: AN APPROACH USING THE BOOTSTRAP
· 1985 · cited 19,541x
via Crossref · CC0
Quotes
- “Economists have never allowed their analysis to be influenced by psychologists of their time, but have always framed for themselves such assumptions about psychical processes as they have thought it desirable to make.”
- “The first thing a man will do for his ideals is lie.”
- “This civilization is rapidly passing away, however. Let us rejoice or else lament the fact as much as everyone of us likes; but do not let us shut our eyes to it.”
- “Gentlemen, you are worried about the depression[sic]. You should not be. For capitalism, a depression is a good, cold douche.”
- “When we inquire about the general forms of economic phenomena, about their uniformities, or about a key to understanding them, we ipso facto indicate that we wish at that moment to consider them as something to be investigated, to be sought for, as the “unknown”; and that we wish to trace them to the relatively “known,” just as any science deals with its object of inquiry.”
- “Why do entrepreneurs appear, not continuously, that is singly in every appropriately chosen interval, but in clusters? Exclusively because the appearance of one or a few entrepreneurs facilitates the appearance of others, and these the appearance of more, in ever-increasing numbers.”
via Wikiquote · CC BY-SA
Wikidata facts
- Image
- Joseph Schumpeter ekonomialaria.jpg
Show 6 more facts
- name in native language
- Joseph Schumpeter
- birth name
- Joseph Alois Schumpeter
- Commons category
- Joseph Schumpeter
- date of birth
- 1883-02-08
- date of death
- 1950-06-21
via Wikidata · CC0
~40 min read
Article
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.