Schumpeter

What is Schumpeter?


1.

Joseph Schumpeter. Economist. Wrote "The Theory of Economic Development." Coined the phrase "creative destruction" to describe the mess that results whenever capitalism takes off.

The Economist editorial: "Kakakistan's new government takes reform seriously, protects investment and property rights, and reduces taxes."

Kakakistan resident: "Can't afford food or rent. Seems we been Schumpetered."

Harlem real estate guy: Gentrified.

Harlem resident moving to the Bronx: Schumpetered.


41

Random Words:

1. Someone that has been embarrassed or proved wrong in a situation. Kyle is a J-Wipe because he thought two plus two equals twenty two, e..
1. the sickest fucking area ever mission peak in the house represent! See nor cal, california, bay area, fremont, 510, freak nasty..
1. 1. perfect; sexy; smart; cool 2. a woman of the perfect mold 3. a wonderwall That girl is definitely a knutzon. See perfect, sexy, w..