DiscoverEconTalk Archives, 2007McCraw on Schumpeter, Innovation, and Creative Destruction
McCraw on Schumpeter, Innovation, and Creative Destruction

McCraw on Schumpeter, Innovation, and Creative Destruction

Update: 2007-10-08
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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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McCraw on Schumpeter, Innovation, and Creative Destruction

McCraw on Schumpeter, Innovation, and Creative Destruction

EconTalk: Russ Roberts