Capitalism, Socialism, and Democracy: Third Edition
&#8220;The 20th century&#8217;s foremost economist.&#8221; (Steve Forbes,Forbes)&#8220;The most influential economist of the 20th century.&#8221; (Peter Drucker, Fortune)&#8220;The great economist Joseph Schumpeter highlighted the role of innovation in powering the rise of new industries, the creative destruction of existing ones, and the growth in prosperity of economies.&#8221; (Richard Florida,Atlantic)&#8220;Schumpeter gave us stunning insights into how the world really works. We are now living, it is said, in the Age of Schumpeter. . . . Schumpeter was a powerful prophet, and he now offers dazzling insights into everything from the rise of Wal-Mart to prosperity&#8217;s discontents.&#8221; (Robert J. Samuelson, Newsweek)&#8220;The greatest defense of capitalist, European civilization ever penned. . . . Schumpeter did more than anyone to persuade American leaders to preserve the capitalist system&#8221; (American Conservative)&#8220;Schumpeter may well be the most important economist of the 21st century.&#8221; (J. Bradford DeLong, Chronicle of Higher Education)&#8220;Schumpeter was the most farsighted of twentieth-century economists. His focus on capitalism and creative destruction made him the prophet of globalization.&#8221; (The Nation)