Schumpeter-economist

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Economist Schumpeter: From a commercial point of view, all "innovations" revolve around five dimensions.

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Joseph Schumpeter

Joseph schumpete (1February 8, 883-19501October 8 [1]),1901906 studied law and sociology at the University of Vienna. Later, he moved to the United States and has been teaching at Harvard University. [2]

It is more appropriate to describe it as "I was born, how can I be bright" of the same age as Keynes. These two people appreciate each other and are full of contempt and controversy. [1] is known as the originator of "innovation theory". 19 12 years, he published a book on economic development, and put forward "innovation" and its role in economic development, which caused a sensation in the western economic circles at that time. [3] The theory of economic development has established a new theory of economic development, that is, economic development is the result of innovation. His representative works include Theory of Economic Development, Capitalism, Socialism and Democracy and History of Economic Analysis, among which Theory of Economic Development is his famous work. [4]

In recent years, Schumpeter has become more and more famous in Chinese mainland, especially when it comes to "innovation". Schumpeter's concept of "five major innovations" is often quoted and mentioned, almost to the point that "innovation must be called Schumpeter". Not only China, but also the founder of "Innovation Theory" and "Business History Research", Schumpeter's influence in the western world is being "rediscovered". According to statistics, Schumpeter's creative destruction is second only to Adam Smith's invisible hand in the western world. [ 1]

Chinese name

Joseph Schumpeter

Foreign name

Joseph Alois Schumpete

nationality

Austria

date of birth

1February 8, 883

date of death

1950 65438+1October 8th

quick

navigate by water/air

Main work

publish a book

Doctrinal proposition

Innovation theory

Personality assessment

The life of the character

1883, Schumpeter was born in Moravia province of Austria-Hungary (now in the Czech Republic, so some people regard Schumpeter as a Czech-American), a weaver's family in Telich town. When he was a child, he studied in an aristocratic middle school in Vienna.

190 1 year-1906 studied law and economics at the university of Vienna, and obtained a doctorate in law. He is a disciple of Pombavik, the main representative of the Austrian school.

19 18, once a consultant to the "Socialization Committee" of the German Social Democratic Party led by Kaucki, Hilferding and others;

19 19 served as the finance minister of the Austrian mixed cabinet headed by Otto Bauer and others for a short time.

192 1 year, he abandoned his official position to join the army and became the president of a private Bidderman bank. 1924, the bank closed down, and his private savings had to be implicated to pay off debts.

1925, Schumpeter returned to the academic circle. First, he was invited to be a visiting professor at a university in Japan, but soon he moved to Germany to be a professor at Bonn University, and then he visited Japan for a short time to give lectures until 193 1.

1932 moved to the United States and worked as a professor of economics at Harvard University until 1950 died at the beginning of the year. After Schumpeter moved to the United States, although he lived in seclusion, he still actively engaged in academic activities;

1937 ——1941year as the president of econometrics society;

1948- 1949, President of American Economic Association; If he hadn't died young, he would have become the first president of the international economic society to be established soon.

After moving to the United States from 65438 to 0932, he worked as a professor of economics at Harvard University until his death.

Main work

The Theory of Economic Development was published in German in 19 1 1 and in English in 19 12. This book is his masterpiece.

Theory of Economic Development, 2nd Edition, 1926. Dramatically revised, adding the subtitle "Entrepreneur's Profit, Capital, Credit, Interest and Business Cycle";

Business cycle theory was published in1939;

Capitalism, Socialism and Democracy was published in1942;

The History of Economic Analysis 1954 was published in new york. Schumpeter was published by his widow after his death.

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Austrian economist