Joseph Schumpeter

Schumpeter, Joseph Alois

Joseph Alois Schumpeter (yō´zĕf ä´lōēs shŏŏm´pā´tər), 1883–1950, Austrian-American economist, LL.D. Univ. of Vienna, 1906. He began practicing law but turned to teaching two years later. He was professor of economics at the Univ. of Graz from 1911 to 1914 and at Bonn from 1925 to 1932, when he went to the United States; thereafter he was professor of economics at Harvard. He served (1919–20) as Austrian minister of finance. His major contributions to economics were the theory of the entrepreneur as the dynamic factor in fostering the business cycle and the theory of economic development of capitalism. His most important books are Theory of Economic Development (1911, in German; tr. 1934), Business Cycles (1939), Capitalism, Socialism, and Democracy (1942, 3d ed. 1950), and History of Economic Analysis (1954).

See study ed. by S. E. Harris (1951, repr. 1969).

The Columbia Encyclopedia, 6th ed. Copyright© 2013, The Columbia University Press.

Selected full-text books and articles on this topic

Joseph A. Schumpeter, Historian of Economics
Laurence S. Moss.
Routledge, 1996
The Contribution of Joseph Schumpeter to Economics: Economic Development and Institutional Change
Richard Arena; Cécile Dangel-Hagnauer.
Routledge, 2002
Capitalism, Socialism, and Democracy
Joseph A. Schumpeter.
Routledge, 1994
Ten Great Economists: From Marx to Keynes
Joseph A.Schumpeter.
Routledge, 1997
Economic Doctrine and Method: An Historical Sketch
Joseph Schumpeter; R. Aris.
Oxford University Press, 1954
Schumpeter and the Political Economy of Change
David L. McKee.
Praeger Publishers, 1991
Schumpeter and the Endogeneity of Technology: Some American Perspectives
Nathan Rosenberg.
Routledge, 2000
Marx, Schumpeter, & Keynes: A Centenary Celebration of Dissent
Suzanne W. Helburn; David F. Bramhall.
M.E. Sharpe, 1986
The Schumpeterian System
Richard V. Clemence; Francis S. Doody.
Addison-Wesley, 1950
Prophet of Innovation: Joseph Schumpeter and Creative Destruction
Thomas K. McCraw.
Belknap Press, 2007
Theories of Comparative Political Economy
Ronald H. Chilcote.
Westview Press, 2000
Librarian’s tip: "Schumpeter" begins on p. 200
Economics in the Long Run: New Deal Theorists and Their Legacies, 1933-1993
Theodore Rosenof.
University of North Carolina Press, 1997
Librarian’s tip: Chap. 8 " The Schumpeterian Alternative"
Schumpeter's Legacy? Interaction and Emotions in the Sociology of Entrepreneurship
Goss, David.
Entrepreneurship: Theory and Practice, Vol. 29, No. 2, March 2005
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