The Essential Joseph Schumpeter (Essential Scholars)
Russell S. Sobel
Joseph Schumpeter is one of the most accomplished economists of the twentieth century. Included among his many contributions is his path-breaking work on entrepreneurship—one of the quintessential characteristics of all market economies.
His timeless phrase describing the entrepreneurial process as one of “creative destruction” is likely second only to Adam Smith’s “invisible hand” in its daily use in popular tweets, blog posts, speeches, and articles. Renowned Chicago economist Jacob Viner praised Schumpeter’s History of Economic Analysis as “by a wide margin … the most brilliant contribution to the history of analytical phases of our discipline which has ever been made”. However, it is Schumpeter’s Capitalism, Socialism and Democracy, in which Schumpeter describes the mechanisms—entrepreneurs, innovation, and capital reallocation—that drive the “incessant” recreation of capitalism that is by far his most popular and successful work.
Duration - 1h 47m.
Author - Russell S. Sobel.
Narrator - Satauna Howery.
Published Date - Sunday, 22 January 2023.
Copyright - © 2020 Fraser Institute ©.
Location:
United States
Networks:
Russell S. Sobel
Satauna Howery
Essential Scholars
Fraser Institute
English Audiobooks
Findaway Audiobooks
Description:
Joseph Schumpeter is one of the most accomplished economists of the twentieth century. Included among his many contributions is his path-breaking work on entrepreneurship—one of the quintessential characteristics of all market economies. His timeless phrase describing the entrepreneurial process as one of “creative destruction” is likely second only to Adam Smith’s “invisible hand” in its daily use in popular tweets, blog posts, speeches, and articles. Renowned Chicago economist Jacob Viner praised Schumpeter’s History of Economic Analysis as “by a wide margin … the most brilliant contribution to the history of analytical phases of our discipline which has ever been made”. However, it is Schumpeter’s Capitalism, Socialism and Democracy, in which Schumpeter describes the mechanisms—entrepreneurs, innovation, and capital reallocation—that drive the “incessant” recreation of capitalism that is by far his most popular and successful work. Duration - 1h 47m. Author - Russell S. Sobel. Narrator - Satauna Howery. Published Date - Sunday, 22 January 2023. Copyright - © 2020 Fraser Institute ©.
Language:
English
Opening Credits
Duration:00:00:32
Chapter 1 - Who is Joseph Schumpeter?
Duration:00:13:47
Chapter 2 - Entrepreneurship, New Combinations of Resources, and the Profit-and-Loss System
Duration:00:16:13
Chapter 3 - Creative Destruction: Schumpeter's Perennial Gale
Duration:00:13:26
Chapter 4 - Contestable Markets and the Nature of Competition
Duration:00:16:37
Chapter 5 - Business cycles: Understanding the Ebbs and Flows of the Economy
Duration:00:15:26
Chapter 6 - Democracy, Public Choice, and Government Policy
Duration:00:14:36
Chapter 7 - Can Capitalism Survive?
Duration:00:16:27
Ending Credits
Duration:00:00:18