ECONOMIST

Joseph Schumpeter

1883 - 1950

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Joseph Alois Schumpeter (German: [ˈʃʊmpeːtɐ]; February 8, 1883 – January 8, 1950) was an Austrian political economist. He served briefly as Finance Minister of 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 creative destruction, a term coined by Werner Sombart. Read more on Wikipedia

His biography is available in different languages on Wikipedia. Joseph Schumpeter is the 13th most popular economist (down from 10th in 2019), the 30th most popular biography from Czechia (down from 23rd in 2019) and the most popular Czech Economist.

Joseph Schumpeter is most famous for his theory of "creative destruction," which is a process of constant innovation that leads to the destruction of old industries and the creation of new ones.

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Among ECONOMISTS

Among economists, Joseph Schumpeter ranks 13 out of 414. Before him are Herbert A. Simon, Friedrich Hayek, Frédéric Passy, Vilfredo Pareto, Milton Friedman, and François Quesnay. After him are Mario Draghi, George Shultz, Alfred Marshall, John Law, Ludwig von Mises, and W. Arthur Lewis.

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Contemporaries

Among people born in 1883, Joseph Schumpeter ranks 12. Before him are Karl Jaspers, Anton Webern, Walter Gropius, Victor Francis Hess, Nikos Kazantzakis, and Jaroslav Hašek. After him are Lev Kamenev, Norman Haworth, Otto Heinrich Warburg, Grigory Zinoviev, Pierre Laval, and José Ortega y Gasset. Among people deceased in 1950, Joseph Schumpeter ranks 6. Before him are George Orwell, Vallabhbhai Patel, George Bernard Shaw, Gustaf V of Sweden, and Johannes V. Jensen. After him are Norman Haworth, Vaslav Nijinsky, Albert Lebrun, Léon Blum, Gustav Krupp von Bohlen und Halbach, and Heinrich Mann.

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In Czechia

Among people born in Czechia, Joseph Schumpeter ranks 30 out of 1,200. Before him are Joseph Radetzky von Radetz (1766), Miloš Forman (1932), Ernst Mach (1838), Tomáš Garrigue Masaryk (1850), Edvard Beneš (1884), and Jaroslav Hašek (1883). After him are Albrecht von Wallenstein (1583), Arthur Seyss-Inquart (1892), Leoš Janáček (1854), Wenceslaus I, Duke of Bohemia (907), Emil Zátopek (1922), and Hans Kelsen (1881).

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Among ECONOMISTS In Czechia

Among economists born in Czechia, Joseph Schumpeter ranks 1. After him are Eugen Böhm von Bawerk (1851).

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