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.
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 September 11, 2005
Get the Schumpeter mug.Anyone who believes in Peter Schiff’s investment thesis, and thinks they will profit from it. Also, anyone who believe’s that Peter Schiff’s investment ideas (such as investing in Gold and Silver, or buying mining companies, or buying non-US companies) will make them “crash proof” in the event of an economic collapse or bear market.
The Schmuppets think that Gold will bottom out any day now! The Schmuppets got their heads handed to them in 2008 when Schiff’s picks underperformed the Dow itself!
by no_pullbacks June 26, 2018
Get the Schmuppet mug.Related Words
Schmupset • Schmuppet • Schumpeter • schmucket list • Schmuckette • Schmuglet • schmullet • schmupdate • Schmuper • schmupey
by fauxvian November 7, 2006
Get the schmullet mug.That gal sitting in front of us at the show would not stop screaming and making a ruckus, I asked her to calm down and she got all chicken headed and started on me. I said shup and she lost it! Judging by the redness of her face I'd say she was pretty shupset.
by Motosaki410 June 4, 2019
Get the Shupset mug.A society's confidence in their free-markets, a confidence founded in the situation where they have successfully eschewed a captured economy (thanks to their free-markets) ; and thence, have heaps of dynamism in their economy where existing products often become obsolete due to the introduction of new products.
Humanity got to the point of transhumanism by the year 2000 thanks to the free-market policies set in place by Mr.Free Market in the year 1980 . Humanities past twas not chockful of schumpeterian mojo up until Mr.Free Market's presidency. The president who switched the USA to a parliamentary system.
by MoribundMurdoch December 12, 2020
Get the schumpeterian mojo mug.schmupper - has a lot of opinions about shmups that they've not played, believe to be rare & therefore great or have never seen beyond stage 2 without credit feeding
by Umizugi June 20, 2022
Get the Schmupper mug.A promised long announced update making everybody squirm and dwell in hope and anticipation for it. But it never happens when it's to be expected thus it comes with a taste of mud and schizophrenic chat behavior leaving people in despair, hence schmupdate.
Tomorrow gonna be an epic schmupdate.
reply: Can't wait to see all the records finally get added.
next day: never happend -.-
reply: Can't wait to see all the records finally get added.
next day: never happend -.-
by Seclu August 5, 2022
Get the schmupdate mug.