ABSTRACT
Joseph Schumpeter toiled over mathematical tomes almost daily in search of the understanding that would show him how to formulate his economic model with the appropriate mathematical tools. Most of the students and many of the faculty left Cambridge, leaving Schumpeter and a few other older professors to do the teaching. With the war occupying the attention of nearly everyone, Schumpeter buried himself in work, feigning lack of interest in the world's turmoil. Schumpeter's persistent depression as well as despair because of the war spilled over into other aspects of his life. The war in Europe increasingly took to the skies as the Allies bombed Germany around the clock. Although the casualties on both sides mounted daily, Americans, never in doubt about the war's final outcome, began to sense the coming victory. In 1943, Seymour Harris edited and published a volume entitled Post-war Economic Problems, which included an essay on "Capitalism in the Post-war World" by Schumpeter.
