Schumpeter described creative destruction. Aghion and Howitt turned it into equations that could finally explain sustained growth. | FEE - Foundation for Economic Education
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 Joseph Schumpeter's 'Socialism, Capitalism, and Democracy' is the 3rd most cited book in the social sciences.  It emphasises the disruptive role of entrepreneurs as drivers of innovation and 'creative destruction'. Learn more on the Fraser Institute's Essential Scholars podcast ⤵️ https://www.essentialscholars.org/schumpeter | Institute of Economic Affairs | Facebook
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