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Economic theorist and 'entrepreneur of popularisation': Schumpeter as Finance Minister and journalist

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  • Karsten von Blumenthal

Abstract

Modern theory of popularisation suggests that the production and the popularisation of scientific knowledge are interlinked and interactive processes. This perspective offers new insights into Joseph A. Schumpeter's main work in public finance, The Crisis of the Tax State, and into his later endeavours as Finance Minister and journalist to popularise two central economic ideas of this work, the once-and-for-all capital levy and the reform of the tax system. We demonstrate that Schumpeter's Crisis contains popularising features and was written with a popularising intention. Furthermore, we show that in his journalistic works popularisation went hand in hand with the development of innovative economic ideas.

Suggested Citation

  • Karsten von Blumenthal, 2008. "Economic theorist and 'entrepreneur of popularisation': Schumpeter as Finance Minister and journalist," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 15(4), pages 641-671.
    • Handle: RePEc:taf:eujhet:v:15:y:2008:i:4:p:641-671
    DOI: 10.1080/09672560802480997
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    Cited by:

    1. Panayotis Michaelides & John Milios, 2015. "The Schumpeter–Hilferding Nexus," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 133-145, January.

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