ABSTRACT
What makes the life story of a person worth telling and reading? The doing of great deeds qualifies. So do the wielding of great power, exemplary performance in the arts, the earning of money, fame, and infamy. However, there is another: the thinking and teaching of great thoughts. Joseph Alois Schumpeter—social scientist and economist, thinker, writer, and, above all, teacher—warrants a biography in this category.
