Jonathan talks with John Dalton, Professor of Economics at Wake Forest University in North Carolina, about his book, Creative Destruction, published by Libertarianism.org in 2024. Jonathan and John discuss the work of Joseph Schumpeter, an Austrian economist who popularized the idea of creative destruction, and the important ways that Vienna served as a stimulating backdrop for early theorizing about market dynamism and cultural change. The conversation touches on many important themes central to free societies and competitive markets. They conclude with a consideration of case studies that help to illustrate the concept of creative destruction.

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