Talk:Joseph Schumpeter

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This article has been mentioned by a media organization:

William Dunk (April 29, 2005). "You Can't Step in the Same River Twice While Seeking To Develop Meaningful Companies". Local Tech Wire.

Works in the internet

mises.org has some of the works for downloading: http://blog.mises.org/archives/006172.asp

Clarification of the 'Evolutionary Economics' Section

M&Ms writes:A note for the need for clarification has been added to the section on Evolutionary Economics in this article (directions - Contents No. 2.2)

Why? I searched through the talk page and could not find a discussion mentioning this section let alone the need to clarify it.

Regardless, I can see how this may be confusing for those who were not schooled in economics and 'the jargon'. Below is the content of this section in its' entirety (italics and bold emphasis added).

According to Christopher Freeman (2009), a scholar who devoted much time researching Schumpeter's work: "the central point of his whole life work [is]: that capitalism can only be understood as an evolutionary process of continuous innovation and 'creative destruction' [This] is still not taken into the bosom of mainstream theory, although many now pay lip service to it."[11]

Section 1

  1.1 - Only

Let's start with the word 'only' (highlighted in bold above). A reader may find it hard to digest if it can only be understood as a counterpoint to other theories of evolutionary economics or, let's say, other competing theories that existed when Schumpeter created his works. The section's author quotes Chris Freeman verbatim and she/he does not mislead the reader intentionally through doing this. However, if Schumpeter did not make such an assertion then it may be better to precede this quote with primary sources that help the reader reach this conclusion on their own. In conjunction with this, the author could provide additional sources to give a more detailed understanding of the quotes' meaning. I understand what Freeman says and I think it is an accurate summation of a facet of Schumpeter’s work but it may be too much for the readers that lack prior economic education.

  1.2 - Closing Remark

The closing sentence in Freeman's quote may create confusion for the reader. Firstly, how are we to understand what counts as 'lip service'? Secondly, why has it not been accepted into the 'bosom of mainstream theory'? Freeman is using professional annotation which may undermine the credibility of the section. This part of the quote may serve the article best by being omitted. Certainly it is proper to detail Schumpeter's contribution to Evolutionary Economics but let the main article (on Evolutionary Economics) provide a critique of the relevance of this economist's work.

  1.3 - Less may not mean more...

The author of this section could add more references to help the reader understand Schumpeter’s view of the process of capitalism. Allow me to ask a question; how accessible and useful is this information to a 16 year high school/middle school student? For instance, will they understand 'continuous innovation' with ease (yes a second question)? Just a little more information could make this section less esoteric. The author of this section could add more references to help the reader without a hefty word count.

Nazi collaboration...by W***pedia?

This guy was a Hitler-loving, Jew-hating POS, exposed over thirty years ago now by that hotbed of Marxism, the American Enterprise Institute. https://www.nationalaffairs.com/public_interest/detail/schumpeters-curious-politics Why is this glossed over with the pathetic lone FBI sentence, when the FBI was full of Nazi symps (and still is)? 174.95.58.51 (talk) 21:00, 18 July 2022 (UTC)[reply]

Nationality

I suggest to leave out his nationality. His ancestors were mainly Czechs (it's complicated to say whether more Moravian or Bohemian as Trest was very close to border between Bohemian Kingdom and Margraviate of Moravia and they lived in Moravian town Trest at least since 16th century), but they were German speaking family and he consider himself pure German, he has Austro-hongrois citizenship as every Czech back than, after Austrian and after American. It's a little bit complicated. It would be better write Moravian -born American economics as it's on Britannica or Moravian-born Austrian and American economist or leave it out. 46.135.30.18 (talk) 22:20, 26 February 2023 (UTC)[reply]