Schumpeter
Americannoun
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.
Messrs. Mokyr, Aghion, and Howitt all believe in the importance of what Austrian economist Joseph Schumpeter called “creative destruction.”
From The Wall Street Journal • Oct. 13, 2025
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 • Feb. 1, 2025
Carter traces the splintering of Keynes’s intellectual legacy and the neoliberal backlash of Joseph Schumpeter and Friedrich Hayek.
From New York Times • May 20, 2020
The economist Joseph Schumpeter said it was acceptable for an entrepreneur , say Gates or Bezos, to make excess profits temporarily if they had come up with a genuinely new product.
From The Guardian • Nov. 12, 2017
In the one form in which the utility theory avoids a circle,—that presented by Schumpeter, and discussed in an earlier part of this chapter—it is not a causal theory.
From The Value of Money by Anderson, Benjamin M.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
