Creative destruction

Pomodoro Breaks
13/03/2025 14 min Temporada 9 Episodio 4

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Episode Synopsis

Joseph Schumpeter was a highly influential economist who is best known for his theory of creative destruction. Economic progress comes from a continuous process of creative destruction. This process is driven by entrepreneurs who introduce innovations.  While this process can be disruptive and painful in the short term (e.g., job losses), it is essential for long-term economic growth and progress.


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