Multimedia

The Austrian Tradition in Economics (with Peter J. Boettke)

- Boettke, Peter J. "The Austrian Tradition in Economics (with Peter J. Boettke)." Cato Institute. 2015.
From YouTube: Peter J. Boettke traces the Austrian School’s history from Carl Menger through Eugen Böhm-Bawerk and Joseph Schumpeter, Ludwig von Mises, Friedrich Hayek, and Murray Rothbard to contemporary economists such as Israel Kirzner, Vernon… More

Joseph Schumpeter: Economic Growth and Creative Destruction

- Kiesling, Lynne. "Joseph Schumpeter: Economic Growth and Creative Destruction." Northwestern University. 2014.
Joseph Schumpeter was an inconoclastic economist who was influential well beyond his reputation. From his education and original academic and civil service work in Austria, Schumpeter went on to a long, productive career exploring the causes of economic… More

Creative Destruction

- Coelho, Philip. "Creative Destruction." Econ In Motion. February 24, 2014.
Professor Philip Coelho of Ball State University explains “creative destruction,” the notion that economic cycles occur within capitalism as technology evolves over time. While this process does not always benefit everyone, it is an essential… More

Joseph Schumpeter

- Cowen, Tyler and Alex Tabarrok. "Joseph Schumpeter." Mercatus Center. October 4, 2012.
Mercatus Center examines Joseph Schumpeter, one of the deepest and most broadly read economists, ever. A splendid horseman too.

INSEAD Alumni Monisha Varadan (’10D) and Joachim Vandaele (’10D) on Entrepreneurship

- Varadan, Monisha and Joachim Vandaele. "INSEAD Alumni Monisha Varadan ('10D) and Joachim Vandaele ('10D) on Entrepreneurship." INSEAD. 2012.
From YouTube: The field of entrepreneurship owes a great deal to Joseph Schumpeter. He argued that innovation and technological change come from the “entrepreneur-spirit.” But is that spirit something that can be taught in business schools?

Joseph Schumpeter and Hayek – Keynes’ Challengers

- Nasar, Sylvia and Robert Johnson. "Joseph Schumpeter and Hayek - Keynes' Challengers." Institute for New Economic Thinking. February 7, 2012.
In part 4 of this INET interview, Sylvia Nasar discusses how Joseph Schumpeter and Friedrich von Hayek challenged the economics of Keynes in the early-to-mid 20th century. However, their work fell in the face of empirical evidence, while the work of Keynes… More

Giovanni Dosi: Combining Schumpeter and Keynes to Boost Innovation

- Dosi, Giovanni. "Giovanni Dosi: Combining Schumpeter and Keynes to Boost Innovation." Institute for New Economic Thinking. 2011.
From YouTube: Many people would not think of putting Joseph Schumpeter and John Maynard Keynes in the same economic framework, but Giovanni Dosi believes the insights of both are needed to fully understand how to boost innovation in an economy. Dosi, director… More

Karl Marx, Joseph Schumpeter, and an Economic System Incapable of Coming to Rest

- Rae, Douglas W. "Karl Marx, Joseph Schumpeter, and an Economic System Incapable of Coming to Rest." "Capitalism: Success, Crisis and Reform (PLSC 270)." Yale University. March 31, 2011.
Professor Rae relates Marxist theories of monopoly capitalism to Schumpeter’s theory of creative destruction. Both Marx and Schumpeter agree that capitalism is a system that is “incapable of standing still,” and is always revising (or… More