Joseph A. Schumpeter

Thomas K. Mc Craw, 2008

Joseph A. Schumpeter, A Biography by Thomas K. Mc Craw, Murmann, 2008. key advisors to the federal government, such as Jeremy Rifkin, outline concepts such as the third industrial revolution. All industrial revolutions have been accompanied by an economic system we call capitalism. How does this system work and how does it create wealth. Joseph Schumpeter studied the workings of capitalism in the first half of the 20th century. His studies and conclusions are still unmatched today. If you want to have a say about the economics of the 21st century, you should know Mc Craw's easy-to-read yet profound biography.

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