Tags » Schumpeter

Dear Mr Salmond...

Dear Mr Salmond,

Welcome to a final few days of sleepless nights and endless cups of coffee. But suppose it’s all worth it. Suppose Scotland erupts with a “YES!” in the early hours of Friday morning. 881 more words

The Future of Work

How the Digital Revolution will Shape the Jobs of Tomorrow

By Carl Benedikt Frey | University of Oxford

OXFORD – Throughout history, technological progress has created enormous wealth but also caused great disruption. 879 more words

Innovation & Tech

An Introduction to Innovation - Types, Categories and Design

“Science fiction writers foresee the inevitable, and although problems and catastrophes may be inevitable, solutions are not”.

- Isaac Asimov, Professor & Science Fiction Author… 682 more words


Who wins from the perennial gale of creative destruction

  • In 1900, <10% of families owned a stove, or had access to electricity or phones
  • In 1915, <10% of families owned a car
  • In 1930, <10% of families owned a refrigerator or clothes washer…
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Technological Progress

Creative Destruction, Technological Unemployment and Choice

Creative destruction has become again, a popular term to explain the dislocation of workers in western labor markets. Although first coined by Karl Marx to describe how capitalism would be destroyed by the bourgeois,  2,313 more words