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Keywords: Creative destruction
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Journal Articles
Friedman, Schumpeter, and Greenspan's financial policies: Spurious claims of intellectual links
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International Journal of Social Economics (2013) 40 (5): 504–520.
Published: 05 April 2013
.... In every year from 1997 through 2005, Greenspan cited Schumpeter's concept of the process of “creative destruction” as supporting his policy analyses. But he failed to understand Schumpeter's views on banking, central banks, and financial crises as those were formulated within the context of Schumpeter's...
