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.
Random Words:
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1. When workload becomes so high that stress gives way to apathy, because the task will never be accomplished, regardless of effort.
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a term meaning something thats fast which uses the sterotype of jews being tight with money.
i was out of that door as quick as a jew p..