Creative destruction

from Pomodoro Breaks · host Panigrahi Nirma

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.

Episode metadata supplied by the publisher feed · Published Mar 13, 2025

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Creative destruction

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