Creative destruction Quote by Daron Acemoğlu

“Economic growth and technological change are accompanied by what the great economist Joseph Schumpeter called creative destruction. They replace the old with the new.…

— Daron Acemoğlu

“There could be some economic growth without innovation, relying on existing technology, but it was growth without creative destruction. And it did not last.”

— Daron Acemoğlu

“A remarkable thing about new technologies in the Roman period is that their creation and spread seem to have been driven by the state.…

— Daron Acemoğlu

“Because elites dominating extractive institutions fear creative destruction, they will resist it, and any growth that germinates under extractive institutions will be ultimately short…

— Daron Acemoğlu

“Creative destruction redistributes not simply income and wealth, but also political power,”

— Daron Acemoğlu

“Economic growth and technological change are accompanied by what the great economist Joseph Schumpeter called creative destruction.”

— Daron Acemoğlu

Few players have cast a spell across the game like Yao Ming, before or since.

— Kareem Abdul-Jabbar

A Ming vase can be well-designed and well-made and is beautiful for that reason alone. I don't think this can be true for photography.…

— John Loengard

Tell Yao Ming, Ching chong-yang-wah-ah-soh.

— Shaquille O'Neal

Translation is always a treason, and as a Ming author observes, can at its best be only the reverse side of a brocade- all…

— Okakura Kakuzo

Creative Destruction is the essential fact about capitalism.

— Joseph A. Schumpeter

The most important feature of an information economy, in which information is defined as surprise, is the overthrow, not the attainment, of equilibrium. The…

— George Gilder