Joseph Schumpeter

Commentary A book that pays high returns for decades with endless insights is Joseph Schumpeter’s “Capitalism, Socialism, and Democracy” (1943). It is not a systematic treatise. It’s more of a ...

Commentary Joseph Schumpeter, one of the brightest economists of the 20th century, allegedly said socialism will never die ...

Commentary Reporters complain about business. We overlook the constant improvements in our lives made possible by greedy businesses ...