Joseph A. Schumpeter, 1883-1950. A product of the waning years of the Austro-Hungarian Empire, Joseph A. Schumpeter exemplified that heritage. Although a student of Eugen von B hm-Bawerk and Friedrich von Wieser, Schumpeter was never really a footsoldier of the Austrian School. After a quick doctorate at Vienna, Schumpeter roamed about as something of a footloose lawyer until he rejoined ...