2 Quotes & Sayings By Joseph A Schumpeter

Born in Vienna, Austria, in 1883, Joseph Alois Schumpeter was a tenured professor of economics at Harvard University. He became a citizen of the United States in 1938 and died in Cambridge, Massachusetts, in 1950. His most important work was the 1944 book Capitalism, Socialism and Democracy, which was a milestone in the modern debate on capitalism.