Schumpeter

[ shoom-pey-ter ]

noun

1. Joseph A·lois [uh, -, lois], 1883–1950, U.S. economist, born in Austria.

Example Sentences

This is a great example of what the Austrian economist Joseph Schumpeter called “creative destruction.”

From Los Angeles Times

The Economist’s “Schumpeter” columnist notes that sanctimony accompanies such “financial do-goodery.”

From Washington Post

The Economist described his viewpoint succinctly: “He paints stewards of fair play — regulators and boards — as pettifogging enemies of progress,” wrote its pseudonymous business columnist “Schumpeter.”

From Los Angeles Times

The EFA is a perhaps unintentional homage to one source of American dynamism, immigration, because it implicitly embraces an insight of an immigrant from Austria, the economist Joseph Schumpeter, who in 1932 came to Harvard.

From Washington Post

They are part of the “creative destruction” that the economist Joseph Schumpeter famously described, allowing more efficient and innovative rivals to rise.

From New York Times