Tag Archives: TED

Schumpeter: Radical Economist

Herewith a first try should be done to cite, sum up and probably even conclude and imply about recent texts I read.

Orientation

This is about a presentation held by Nathan Rosenberg on Schumpeter (JAS). His main message is that JAS in many ways was “the most radical scholar in the discipline of economics in the 20th century” (p. 41). Rosenberg interprets and sums up JAS’ view and underpins his examination with a lot of quotes – mainly from the two seminal works “Theory of Economic Development” (TED, 1911) and “Capitalism, Socialism and Democracy” (CSD, 1942). Rosenberg puts the presentation into six sections in which he lays out different aspects of JAS’ radicality.

This examination of Rosenberg is a great start into this blog I believe, because it touches the most of what JAS characterizes (and a lot of his better known quotes) – whose spirit TES shares. Continue reading

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