creative destruction

Creative Destruction

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Creative Destruction was a term coined by Austrian Economist Joseph Schumpeter in 1942.  This term essentially describes the dismantling of current processes and procedures to make room for improved methodologies. An example of Creative Destruction is smart watches replacing wristwatches.… Continue Reading: Creative Destruction

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