Tune in to any discussion on economics, and you’ll likely be bombarded by the latest “groundbreaking theory” from a fashionable academic. Failing that, even someone who takes a casual interest in the topic will have heard of Stiglitz, Krugman, Piketty, or Ha-Joon Chang. Ask someone who the great historical figures in economics are, and they’ll … Continue reading Joseph Schumpeter: the most important economist you might not know of