Joseph Schumpeter Quotes
Our poverty will be brought home to us to its full extent only after the war.
Topics
Poverty
War
Economic Disadvantage
Economic Recovery
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Hardship
Home
Post-war
War & Peace
Economic Consequences
Economic Deprivation
Economic Hardship
Economic Inequality
Financial Difficulties
Financial Hardship
Financial Impact
Financial Struggle
Future Consequences
Post-Conflict Recovery
Post-War Struggles
War Aftermath
Citations
Schumpeter, Joseph A. "The Crisis of the Tax State." International Economic Papers, no. 4, 1954, p. 5.
Related Quotes
Joseph Aloïs Schumpeter was an Austrian political economist. Born in Moravia, 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, eventually obtaining U.S. citizenship. One of the most influential economists of the 20th century, Schumpeter popularized the term "creative destruction" in economics.