Tags » Schumpeter

Aghion's new Growth Pact for Europe

Philippe Aghion and Ufuk Akcigit have a brand-new draft of a survey* about innovation and growth from a Schumpeterian perspective which they will present on a conference in Brussels next week. 1,087 more words

Creative Destruction

Summer Project Overview: The Great Economists

Economics has a rich tradition with implicit and explicit views of what it means to be human, and how people should engage with the world and each other. 102 more words


Can Bernie Sanders Succeed? No. I Do Not Think He Can.

Bernie Sanders has garnered a lot of enthusiasm among socialists (and even some anarchists, from what I’ve seen) over the past few months, and I still can’t figure out why. 908 more words

Left-wing Politics

Why Most Things Fail


“Gales of creative destruction” – Schumpeter

World Book Day today. And I have no shortage of books on failure. They are a regular gift item and recommendation from friends and fans of this blog. 151 more words

Turning Adversity To Advantage

Book Excerpt

Eine angeblich “fruchtlose”, “graue” Theorie ist unerläßlich, um das bunte Bild der Wirklichkeit verstehen zu können. Ohne sie ist es nicht möglich, Ursache und Wirkung in der Mannigfaltigkeit der empirischen Wirtschaft einwandfrei zu erkennen.

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Economy Absurd