HES: RE: RVW--Langlois on McCraw, _Prophet of Innovation: Joseph Schumpeter and Creative Destruction_

[Sumitra Shah]

Roger Sandilands wrote:
"Re Mason Gaffney's shaft at Schumpeter's creative phrase-making, might
one not go further? 
Schumpeter was wrong on the causes of the Great Depression, wrong on
what to do about it (nothing), incoherent in his _Business Cycles_
(1939) - Solow called it a "massive failure" - and, I submit, wrong in
his view of his great hero, the innovating entrepreneur, and on the
dynamics of capitalism."
 

Here's a review of the book by Solow himself:

http://www.powells.com/n/219/tnr/review/2007_07_12

 
Sumitra Shah