Quote of the day
I can say that I never knew what joy was like until I gave up pursuing happiness, or cared to live until I chose to die. For these two discoveries I am beholden to Jesus.
Joseph Schumpeter
Born: February 8, 1883
Died: January 8, 1950 (aged 66)
Bio: Joseph Alois Schumpeter was an Austrian-born American economist and political scientist. He briefly served as Finance Minister of Austria in 1919. In 1932 he became a professor at Harvard University where he remained until the end of his career.
Known for:
- Capitalism, Socialism and Democracy (1942)
- The theory of economic development (1912)
- History of Economic Analysis
- Ten great economists
- Can Capitalism survive?
Most used words:
Joseph Schumpeter Quotes