Joseph A. Schumpeter died today – 58 years ago

Moravian economist Joseph Alois Schumpeter was born on February 8, 1883 in Triesch, Moravia, Austria-Hungary. He said, “Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest." [Is that what freedom is all about?]... Mr. Schumpeter died in 1950 in Taconic, Connecticut.