All Posts Tagged With: "Joseph Schumpeter"
The Breezes of Creative Destruction
As dramatic as the news of Borders’s closing has been, in the larger scheme of things economic change happens fairly slowly, at least compared to changes caused by governments.
26Jul2011 | Sandy Ikeda | 7 comments | ContinuedHow We’ll Know When We’ve Won
“Are we winning?” That’s a query I hear almost every time I speak to an audience about liberty and the battle of ideas. Everyone wants to know if we should be upbeat or distraught about the course of events, as if the verdict should determine whether or not we continue the fight. Too many friends [...]
19Apr2010 | Lawrence W. Reed | 1 comment | ContinuedOur Skyrocketing Living Standards
In the mid-1950s, when I was a young child, I would occasionally see a man walking along the street with a grapefruit-size growth in his throat. The first time I saw such a thing I gasped. My mother hushed me up and told me later that the man had a goiter. The last time I [...]
1Sep2007 | David R. Henderson | 0 comments | Continued“The Tariff is the Mother of Trusts”
Why should we expect business people to favor laissez faire and to abhor government intervention? Few people outside of business do so.
1Jun2006 | Sheldon Richman | 3 comments | ContinuedSo Much to Read!
A student recently asked me to recommend books that will help her to better understand the economy and society. I love such questions because they give me the opportunity to recall books that were especially important in my own intellectual development, and to reflect anew on their messages. So here I list the ten non [...]
1Apr2006 | Donald J. Boudreaux | 0 comments | ContinuedWhat’s So Good About Democracy?
It was once said that “democracy is the most promiscuous word in the language; she is everybody’s mistress.” Indeed, political regimes of widely differing institutional features label themselves democracies, as did totalitarian communist orders. Often, the best guide to a country’s democratic credentials was that it didn’t call itself democratic: compare West Germany’s Federal Republic with the East German Democratic Republic.
1May2003 | Norman Barry | 35 comments | ContinuedThe Virtue of Prosperity
Free Press • 2001 • 284 pages • $26.00 paperback Reviewed by George C. Leef The Harvard economist Joseph Schumpeter famously predicted that capitalism, in so greatly magnifying man’s productive capability, would sow the seeds of its own downfall by creating an idle class of malcontents who would undermine the philosophical foundations of the economic [...]
1May2002 | Dinesh DSouza | 1 comment | ContinuedA Myth Shattered: Mises, Hayek, and the Industrial Revolution
Thomas Woods Jr. holds a Ph.D. from Columbia University and is a professor of history at Suffolk Community College in Brentwood, New York. The standard view of the Industrial Revolution among the general public is that it led to the widespread impoverishment of people who had hitherto been enjoying lives of joy and abundance. For [...]
1Nov2001 | Thomas E. Woods Jr. | 1 comment | ContinuedOriginal Liberalism
Richard Ebeling is Ludwig von Mises Professor of Economics and chairman of the economics department at Hillsdale College. In January 1914 there appeared three articles in one of the leading newspapers in Vienna, Austria-Hungary, by Eugen von Böhm-Bawerk, world-renowned member of the Austrian school of economics and a three-time minister of finance. He warned his [...]
1Feb2001 | James Peron | 0 comments | ContinuedThe Future and Its Enemies by Virginia Postrel
The Free Press • 1998 • 265 pages • $25.00 At G.E., progress is our most important product.” So ran the concluding line from dozens of General Electric ads from the 1960s. Back then, progress was revered in the United States. For the last few decades, however, there has been a rising tide of doubt. [...]
1Apr1999 | George C. Leef | 0 comments | ContinuedSamuelson’s Last Hurrah
As readers of The Freeman know, this column has documented the dramatic changes in Samuelson’s thinking over the past few years.[1] Along with the rest of the economics mainstream, he has shifted gradually from standard Keynesian analysis to the Classical model of Adam Smith.
1Mar1998 | Mark Skousen | 1 comment | ContinuedWhy Are Austrians Unusually Bearish?
“Can capitalism survive? No. I do not think it can. . . .Can socialism work? Of course it can.” —Joseph A. Schumpeter[1] When the financial markets went into a tailspin in late October 1997, my doomsday colleagues appeared gleeful. “The bear [market] has begun,” predicted Gary North. “It isn’t going to end for about 10 [...]
1Jan1998 | Mark Skousen | 1 comment | ContinuedHow We’ll Know When We’ve Won
“Are we winning?” That’s a query I hear almost every time I speak to an audience about liberty and the battle of ideas. Everyone wants to know if we should be upbeat or distraught about the course of events, as if the verdict should determine whether or not we continue the fight. Too many friends [...]
1Oct1997 | Lawrence W. Reed | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
