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Schumpeter, Joseph Alois

Born: 1883 AD
Died: 1950 AD
Nationality: American
Categories: Economists

1883 – Born in Triesch on the 8th of February.

1906 – He began his career studying Law at the University of Vienna under the great Austrian capital theorist Eugen von Böhm-Bawerk, taking his PhD.

1909 – He became a professor of economics and government at the University of Czernowitz.

1911 – The University of Graz, where he remained until World War I.

1912 – Wrote "The Theory of Economic Development".

1919 – He served as the Austrian Minister of Finance.

1920 – President of the private Biederman Bank.

1925 – He held a chair at the University of Bonn, Germany.

1932 – He moved to Harvard where he taught.

1933 – Schumpeter encouraged some young mathematical economists and was even the founding president of the Econometric Society.

1939 – Statistical Analysis of the Capitalist Process.

1942 – Capitalism, Socialism, and Democracy.

1950 – Died on the 8th of January.