Joseph Schumpeter Part 2: Technology, Innovation, and the Workforce

Russell S. Sobel, co-author of The Essential Joseph Schumpeter and Professor of Economics & Entrepreneurship in the Baker School of Business at The Citadel, once again joins host Rosemarie Fike to discuss Joseph Schumpeter's most enduring and often prescient insights, including how contrary to popular belief, "creative destruction" and the technological innovation that embodies it in modern life doesn't equal mass unemployment.See omnystudio.com/listener for privacy information.

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Economist Rosemarie Fike explores the insights and lasting legacies of the world's greatest economists, thinkers and scholars, including: Adam Smith, F.A. Hayek, John Stuart Mill, Milton Friedman, John Locke, Elinor Ostrom, and many more. Learn about their most important ideas, which helped to shape the free and prosperous societies that many of us enjoy today. And discover why their insights are still relevant in today’s modern world. Visit www.essentialscholars.org to download books, explore our animated videos and more.