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:
1.
Getting into a job/college because you are not white.
Anyone who thinks affirmative action is not racist needs to pull their heads out ..
1.
A type of wide-legged knickers, normally made from silk or satiny material, often trimmed with lace.
During the summer, Woofie found th..
