Friday, May 18, 2007

The Prophet of Innovation Podcast

Interview with Thomas K. McCraw author of Prophet of Innovation: Joseph Schumpeter and Creative Destruction.

"Schumpeter had given out heavy assignments, the librarian had refused to allow the students to check out the assigned books, and when Schumpeter threw a tantrum (he was only 26, and had just started teaching), the librarian challenged him to a duel. Schumpeter won the duel by cutting a small slice out of the librarian's shoulder. The two men later became good friends, and the students got access to the books."

Related;
Solow's review of the book
Tyler Cowen's review

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