Joseph Schumpeter, Czech-American economist and political scientist (d. 1950)
Joseph Alois Schumpeter (German: [ˈʃʊmpeːtɐ]; February 8, 1883 – January 8, 1950) was an Austrian-born political economist. He served briefly as Finance Minister of German-Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship.
Schumpeter was one of the most influential economists of the early 20th century, and popularized the term "creative destruction", which was coined by Werner Sombart.
1883Feb, 8
Joseph Schumpeter
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Events on 1883
- 16Jan
United States Civil Service Commission
The Pendleton Civil Service Reform Act, establishing the United States Civil Service, is passed. - 20May
1883 eruption of Krakatoa
Krakatoa begins to erupt; the volcano explodes three months later, killing more than 36,000 people. - 17Aug
National Anthem of the Dominican Republic
The first public performance of the Dominican Republic's national anthem, Himno Nacional. - 20Oct
Treaty of Ancón
Peru and Chile sign the Treaty of Ancón, by which the Tarapacá province is ceded to the latter, bringing an end to Peru's involvement in the War of the Pacific. - 3Nov
Black Bart (outlaw)
American Old West: Self-described "Black Bart the poet" gets away with his last stagecoach robbery, but leaves a clue that eventually leads to his capture.