Schumpeter Got Innovation Wrong, And Other Myth-Busting Ideas From A Nobel Prize Economist

Schumpeter Got Innovation Wrong, And Other Myth-Busting Ideas From A Nobel Prize Economist

Nobel laureate Edmund Phelps sees a US which has gotten itself stuck in a low innovation rut, and to make matters worse, he sees a public discussion which itself is stuck in a rut of old ideas.

Diplomatizzando: Joseph Schumpeter: Creative Destruction, Capitalis...

Diplomatizzando: Joseph Schumpeter: Creative Destruction, Capitalis...

"One of Liu’s special concerns is the emergence of new "destructively creative" or viral arts that resist the postindustrial credo of innovation or what economist Joseph Schumpeter called creative destruction. Another is the current humanities emphasis on historicist critique, which also reevaluates the process of creative destruction."

"One of Liu’s special concerns is the emergence of new "destructively creative" or viral arts that resist the postindustrial credo of innovation or what economist Joseph Schumpeter called creative destruction. Another is the current humanities emphasis on historicist critique, which also reevaluates the process of creative destruction."

John Morris. Creative Destruction #10 (A Drawing for Joseph Schumpeter). 2001

John Morris. Creative Destruction #10 (A Drawing for Joseph Schumpeter). 2001

A Concise History of Economists' Assumptions about Markets: From Adam Smith to Joseph Schumpeter   Great example of Karl Marx's false assumptions

A Concise History of Economists' Assumptions about Markets: From Adam Smith to Joseph Schumpeter Great example of Karl Marx's false assumptions

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