Joseph Schumpeter’s Economic Warning and Donald Trump

October 25, 2020 Topic: economy Region: Americas Tags: PandemicCoronavirusDonald TrumpEconomyElection

Joseph Schumpeter’s Economic Warning and Donald Trump

Are the four years of Donald Trump a belated vindication of Schumpeter’s thinking?

 

One thing for sure: destruction is not always creative, especially in the political sphere.

Dr. Michael Easson, a former student of Owen Harries, a co-founder & editor of The National Interest, is President of the Australia Defence Association, and was educated at universities at the Australian Defence Academy, Canberra; Melbourne; Oxford; Harvard; and Stanford.