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          Joseph Schumpeter

          Austrian political economist (–)

          Joseph Schumpeter

          Born()February 8,

          Triesch, Moravia, Austria-Hungary
          (now Třešť, Czech Republic)

          DiedJanuary 8, () (aged&#;66)

          Salisbury, Connecticut, US

          NationalityAustrian
          CitizenshipAustria
          United States
          EducationUniversity of Vienna (PhD, )
          FieldEconomics
          Econometrics
          Political economy
          History of economic thought
          InstitutionHarvard University, –50
          University of Bonn, –32
          Biedermann Bank, –24
          Columbia University, –
          University of Graz, –14
          University of Czernowitz, –11
          School&#;or
          tradition          		Historical School[1]
          Lausanne School
          Doctoral
          advisor          		Eugen von Böhm-Bawerk
          Doctoral
          students          		Ferdinand A.

          Hermens
          Paul Samuelson
          James Tobin[2]
          Anne Carter[3]

          Other notable studentsNicholas Georgescu-Roegen
          Paul Sweezy
          Hyman Minsky
          Influences
          ContributionsBusiness cycles
          Creative destruction
          Economic development
          Entrepreneurship
          Evolu