Birthdate: February 8, 1883
Sun Sign: Aquarius
Birthplace: Třešť, Czechia
Died: January 8, 1950
Joseph Schumpeter, an Austrian political economist, served as the Finance Minister of Austria in 1919 before moving to the United States in 1932. He later became a professor at Harvard University, where he spent the rest of his career and obtained American citizenship in 1939. Schumpeter was a prominent figure in the early 20th century and is credited with popularizing the term “creative destruction,” originally coined by Werner Sombart.
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