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Quote by Joseph A. Schumpeter

“The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process”

Quote by Joseph A. Schumpeter

Book:Capitalism, Socialism and Democracy

Work

Capitalism, Socialism and Democracy

A seminal work that explores the historical development and comparative analysis of capitalism, socialism, and democracy, offering insights into their economic and political implications. more

Author

Joseph A. Schumpeter

Joseph A. Schumpeter was a renowned economist known for his research on innovation and entrepreneurship. His theories have had a profound impact on modern economics. more

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Book:Is Future Given?

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“What really happens is that the gene pool becomes filled with genes that influence bodies in such a way that they behave 'as if' they made complex, if unconscious, cost/benefit calculations”

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“The perennial gale of creative destruction”

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Book:The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

Source: The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

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