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Schumpeter

American  
[shoom-pey-ter] / ˈʃʊm peɪ tər /

noun

  1. Joseph Alois 1883–1950, U.S. economist, born in Austria.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Within a year of each other, Joseph Schumpeter coined the term "Ricardian vice," which you mentioned earlier, and Milton Friedman launched his campaign to revive it as a cardinal virtue.

From Salon

This is a great example of what the Austrian economist Joseph Schumpeter called “creative destruction.”

From Los Angeles Times

The Economist’s “Schumpeter” columnist notes that sanctimony accompanies such “financial do-goodery.”

From Washington Post

The Economist described his viewpoint succinctly: “He paints stewards of fair play — regulators and boards — as pettifogging enemies of progress,” wrote its pseudonymous business columnist “Schumpeter.”

From Los Angeles Times

The EFA is a perhaps unintentional homage to one source of American dynamism, immigration, because it implicitly embraces an insight of an immigrant from Austria, the economist Joseph Schumpeter, who in 1932 came to Harvard.

From Washington Post