In praise of entrepreneurs; Joseph Schumpeter.(Prophet of Innovation: Joseph Schumpeter and Creative Destruction)(Book review)
Economist (US), The, April, 2007
The biography of a man who believed that uproar was the music of capitalism
MUCH honoured as an economic prophet, Joseph Schumpeter has had to wait half a century after his death for this splendid full-dress biography covering his ideas, life and times. In 1983 Forbes pronounced him a better guide to the tumultuous world economy than John Maynard Keynes. In 1986 J.K. Galbraith described him as "the most sophisticated conservative of this century". In 2000 Business Week ran an article about him to which it gave the title "America's hottest economist died fifty years ago". There are Schumpeter lectures, Schumpeter societies and Schumpeter prizes.
Now he has received yet another accolade: a fat, learned biography by Thomas McCraw, one of America's most...
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