Educators’ Perspective
prayer. But history sometimes indulges in
jokes of questionable taste.”
In 1994, the university in Czernowitz,
where Schumpeter began his academic
career, held a special summer session
celebrating Schumpeter. A CSD reviewer
commenting on the event wrote, “So, a
scholar widely known for predicting a painless transition from capitalism to socialism
is today studied in the East for clues on
how to get back from socialism to capitalism.” The irony would not be lost on
Schumpeter.
Dr. Dan Cooper is the president of Active
Learning Technologies. Brian Grinder
is a professor at Eastern Washington
University and a member of Financial
History’s editorial board.
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12 Financial History | Spring/Summer 2011 | www.MoAF.org
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