Joseph Schumpeter
Joseph Schumpeter
Joseph Alois Schumpeter was an Austrian-born American economist and political scientist. He briefly served as Finance Minister of Austria in 1919. In 1932 he became a Professor at Harvard University where he remained until the end of his career. One of the most influential economists of the 20th century, Schumpeter popularized the term "creative destruction" in economics...
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The evolution of the capitalist style of life could be easily ù and perhaps most tellingly ù described in terms of the genesis of the modern Lounge Suit.