ABSTRACT

By 1911, Schumpeter seemed to be on his way to a spectacular career as scholar and professor, only two years after his habilitation. To become the youngest full professor in the monarchy at the age of twenty-eight at the second university of the realm was a great achievement, despite the difficulties of his appointment. But Schumpeter did not conceal his arrogance well, and in his second year he got his comeuppance—a student protest and boycott, rare in the monarchy. Out of the crucible of this event, he formed his teaching philosophy and established his goal in life: to open intellectual doors for his students and for those scholars who read his works.