Schumpeter Rising

Hedge fund manager Hugh Hendry argues that in the present economic crisis it is the Austrian economist Joseph Schumpeter and not his British rival John Maynard Keynes that we should be heeding. Famous for the term 'creative destruction', the larger-than-life duel fighting, womanising Schumpeter believed that innovators rather than government were essential to economic recovery.

Hedge fund manager Hugh Hendry argues in praise of Austrian economist Joseph Schumpeter.