death_date death_place influenced birth_place school_tradition influences color contributions nationality institution field birth_date image article_title name alma_mater
08 january 1950 taconic , connecticut , u.s. heiner , christopher freeman flassbeck , paul samuelson , frederic m. scherer triesch třešť , czech republic -rrb- , moravia , austria -- hungary -lrb- now historical school eugen von böhm-bawerk , leon walras goldenrod business cycles economic development entrepreneurship evolutionary economics austrian , american harvard -- 32 biedermann bank 1921 -- 24 university of graz university 1912 -- 14 university of czernowitz 1909 -- 11 1932 -- 50 university of bonn 1925 economics , econometrics 8 february 1883 joseph schumpeter ekonomialaria.jpg joseph schumpeter
 joseph schumpeter university of vienna
joseph schumpeter

joseph alois schumpeter -lrb- ; 8 february 1883 -- 8 january 1950 -rrb- was an austrian-american economist and political scientist .
he briefly served as finance minister of austria in 1919 .
in 1932 he became a professor at harvard university where he remained until the end of his career .
one of the most influential economists of the 20th century , schumpeter popularized the term `` creative destruction '' in economics .
