Josh's Reviews > Prophet of Innovation: Joseph Schumpeter and Creative Destruction

Prophet of Innovation by Thomas K. McCraw
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M_50x66
's review
Apr 04, 11

Read from March 29 to April 04, 2011

I'd say 3.5 stars for this book. The concept of creative destructionism alone is worth digesting if it's not something you've come across (The Ecnomist has a weekly column in his name). New developments, particularly creative ones vs. adaptive, will inherently be disruptive from everything from the car replacing the carriage to the computer usurping the typewriter. Beside the ideas reading about Schumpeter's life is fairly inspiring between his work ethic, affability among economists of all stripes, breadth of knowledge, and generosity of his time with his students. The writing is very well done and the quotes starting each chapter from Churchill to Auden are clever rather than cloying.
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