Schumpeter
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Societal gains from technological change come from what the economist Joseph Schumpeter called “the wave of creative destruction.”
“Schumpeter’s line on creative destruction is tremendously important,” Mr. Rees-Mogg says, “but it’s not mindless destruction.”
Within a year of each other, Joseph Schumpeter coined the term "Ricardian vice," which you mentioned earlier, and Milton Friedman launched his campaign to revive it as a cardinal virtue.
From Salon
This is a great example of what the Austrian economist Joseph Schumpeter called “creative destruction.”
From Los Angeles Times
The Economist’s “Schumpeter” columnist notes that sanctimony accompanies such “financial do-goodery.”
From Washington Post
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.