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The Schumpeter Legacy

Author

Listed:
  • Accolley, Delali

Abstract

This is a biography of Joseph Alois Schumpeter, the father of both the concept of creative destruction and the elite theory of democracy. The influence of his works has gone beyond the Economics field. He has influenced both economists through his explanations of business cycles and innovations and Political Scientists through his theories of democracy. Recently, in the wake of the 2008 financial crisis, Schumpeter's thesis on the self-destruction of capitalism has been revisited by economists.

Suggested Citation

  • Accolley, Delali, 2011. "The Schumpeter Legacy," MPRA Paper 69973, University Library of Munich, Germany, revised 19 Mar 2016.
  • Handle: RePEc:pra:mprapa:69973
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    References listed on IDEAS

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    5. Medearis, John, 1997. "Schumpeter, the New Deal, and Democracy," American Political Science Review, Cambridge University Press, vol. 91(4), pages 819-832, December.
    6. -, 2009. "Economic growth in the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38668, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    JEL classification:

    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals

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