Frontmatter -- Acknowledgments -- Contents -- Tables and Figures -- Introduction -- 1. The Processes of Cross-Societal Emulation -- 2. The Police -- 3. The Postal System -- 4. The Newspaper -- Conclusion -- Notes -- Index

The destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this economic principle better than Joseph A. Schumpeter, who made his mark as the prophet of incessant change. Drawing on all of Schumpeter's writings,...