Guess Who Else Loves Schumpeter?

Obama's top economic adviser Larry Summers considers the fascist Joseph Schumpeter as probably the greatest economist of the 20th Century. The Obama Administration's deadly assault on the American labor force, otherwise known as its "jobless recovery" travesty, is premised on Schumpeter's Nietzschean theory of "creative destruction." And London-led defectors from the LaRouche movement, including the pompous ass Michael Liebig, also have become Schumpeter worshipers. So, who else loves "Papa Schumpeter," as his acolytes fondly called him?

In September 2009, the London Economist magazine launched a new weekly column named "Schumpeter," in honor of Mr. Creative Destruction. Recall that the Economist is half-owned by members of the Rothschild banking family, and half-owned by the Financial Times. The Schumpeter column is written by Adrian Wooldridge, the magazine's Management Editor, and until July 2009 their Washington Bureau Chief and "Lexington" columnist. Wooldridge is otherwise known for authoring a 1994 book, "Measuring the Mind: Education and Psychology in England c. 1860-1990," which is dedicated to the anti-human thesis stated by John Locke, in "Some Thoughts Concerning Education," that it is pointless to try to teach children much of anything, since they are either genetically endowed or not: "Everyone's Natural Genius should be carried as far as it could, but to attempt the putting of another upon him, will be but Labour in vain," Locke wrote.

In inaugurating the Schumpeter column, the Economist interviewed Wooldridge in an audio piece headlined: "Schumpeter: A Great Economist, a Strange Man." Wooldridge described Schumpeter as "a very strange man," but offered few details. Other accounts note that Schumpeter claimed that he had set himself three goals in life: 1) to be the greatest economist in the world; 2) to be the best horseman in all of Austria; and 3) to be the greatest lover in all of Vienna. He said he had reached two of his goals, but he never said which two. Or, perhaps he took care of goals #2 and #3 simultaneously, strange man that he was—much to the dismay of horses throughout the region.

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