Debunking Economics - the podcast cover image

Joseph Schumpeter and creative destruction

Debunking Economics - the podcast

CHAPTER

Unveiling Schumpeter's Economic Insights

Exploring the life and influences of economist Joseph Schumpeter, and his critique of the flawed mathematical models in economics due to a lack of scientific training. Delving into Schumpeter's views on innovation, instability, and profit in capitalism, highlighting the necessity of change for profitability and radical improvements in the system.

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