@policytensor : One of the problems with Austrian economics is that they read Schumpeter (1911) but not Schumpeter (1942). This was a very dramatic change of perspective. In 1911, creative destruction happens through the entry of new firms that force the exit of incumbent firms

Policy Tensor

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Anusar Farooqui, Founder and CEO, Systematic Portfolios LLC. Words: policytensor.substack.com/?sort=top

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linkhttp://www.systematicportfolios.com calendar_today06-09-2008 16:22:33

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Policy Tensor

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One of the problems with Austrian economics is that they read Schumpeter (1911) but not Schumpeter (1942). This was a very dramatic change of perspective. In 1911, creative destruction happens through the entry of new firms that force the exit of incumbent firms—what you

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