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McCraw on Schumpeter, Innovation, and Creative Destruction

McCraw on Schumpeter, Innovation, and Creative Destruction

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DATE : Mon, 08 Oct 2007 07:00:00 EST
Entered in Database : 2007-10-09 02:10:53
length : 32022986
Link to the Show / Show Notes

Thomas McCraw of Harvard University talks about the ideas of Joseph Schumpeter from his book, Prophet of Innovation: Joseph Schumpeter and Creative Destruction. McCraw and EconTalk host Russ Roberts discuss innovation, business strategy, the role of mathematics in economics, and Schumpeter's vision of competition embodied in his most important idea--creative destruction.

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