Schumpeter Lecture Branko Milanović 20.04.2023

Schumpeter Lecture by Branko Milanović
Branko Milanović’s main area of work is income inequality, in individual countries and globally, including pre-industrial societies. In honour of Schumpeter's seminal work Capitalism, Socialism, and Democracy, published almost 80 years ago, he contrasts it with his own book, Capitalism, Alone (2019). Specifically, Milanović poses the question of why Schumpeter’s predictions did not come to pass and how accurate our own predictions today might be in 80 years.
The keynote lecture was followed by a response given by labour economist Alyssa Schneebaum (Vienna University of Economics and Business) and a Q&A session with the audience.
Participants were:
Branko Milanović
Alyssa Schneebaum
Moderation: Michael Landesmann, Schumpeter Society Vienna
Venue: Austrian National Bank's event hall (Vienna)
The Schumpeter Society Vienna is a scientific society based in Vienna. It was founded in 1991 under the patronage of former Austrian Chancellor Dr. Franz Vranitzky, who was its president for 28 years. Its members comprise personalities from the fields of science, business and politics. It refers to Joseph A. Schumpeter (1883-1950) one of the most influential economists and social scientists of the 20th century. He worked, amongst other places at University of Harvard and had a lasting influence on the concept of innovation (including the concepts of "creative destruction," entrepreneurial personality/entrepreneur).
www.schumpeter...