20K views · 1.6K reactions | Who was Joseph Schumpeter, and how might his insights into entrepreneurship, markets, competition and innovation help to recover from the current recession? Visit www.essentialschumpeter.org to watch a new video series, download a free ebook and learn more about this important 20th century economist. | The Fraser Institute | Facebook
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 Economist Joseph Schumpeter observed that entrepreneurship simultaneously creates something new while destroying something old. He popularised the term 'creative destruction' to refer to the disruptive, but productive role of entrepreneurs in the economy. Find out more  https://www.essentialscholars.org/schumpeter | Institute of Economic Affairs | Facebook
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