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| Book Review | The Journal of American History, 94.4 | The History Cooperative
94.4  
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March, 2008
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Book Review


Prophet of Innovation: Joseph Schumpeter and Creative Destruction. By Thomas K. McCraw. (Cambridge: Belknap, 2007. xii, 719 pp. $35.00, ISBN 978-0-674-02523-3.)
Joseph A. Schumpeter is today the least well known of the twentieth century's great economic thinkers. Thomas K. McCraw's superb biography reintroduces us to this larger-than-life figure and reminds us how important Schumpeter's thought has been to our understanding of how capitalism works. The author explicates Schumpeter's ideas with striking clarity and artfully places them in the context of an improbably colorful life lived amid tumultuous times. . . .
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