Joseph Schumpeter

NOUN
  1. United States economist (born in Czechoslovakia) (1883-1950)
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How To Use Joseph Schumpeter In A Sentence

  • The concept was revived in the early 20th century by economists Joseph Schumpeter and Frank Knight.
  • Joseph Schumpeter was an obsessive scholar who spent his spare moments riding thoroughbreds, collecting mistresses and, on the odd occasion, taking part in orgies.
  • Romney was talking about "creative destruction," a term popularized by Austrian economist Joseph Schumpeter to describe how economies evolve to replace old technologies and spur the creation of new ones. BusinessWeek.com -- Top News
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