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2.
Joseph Schumpeter. Economist. Wrote "The Theory of Economic Development." Coined the phrase "creative destruction" to describe the mess that results whenever capitalism takes off.
The Economist editorial: "Kakakistan's new government takes reform seriously, protects investment and property rights, and reduces taxes."
Kakakistan resident: "Can't afford food or rent. Seems we been Schumpetered."

Harlem real estate guy: Gentrified.
Harlem resident moving to the Bronx: Schumpetered.
by Stochastic style August 28, 2005

Words related to Schumpeter

dump economics onomatopeia toilet
 
1.
a great coded expression for taking a dump. Has a subtle onomatopoeic effect. Often used when bored of normal topics which are related to Schumpeter.
Mate I'll be right back. Just need to go for a massive Schumpeter.
by urbaneconomist November 25, 2010