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Joseph Schumpeter

Austrian economist

Died when: 66 years 334 days (803 months)
Star Sign: Aquarius

 

Joseph Schumpeter

Joseph Alois Schumpeter (German: [ˈʃʊmpeːtɐ];February 8, 1883 – January 8, 1950) was an Austrian-born political economist.He served briefly as Finance Minister of German-Austria in 1919.

In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship.

Schumpeter was one of the most influential economists of the early 20th century, and popularized the term "creative destruction", which was coined by Werner Sombart.


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