Creative Destruction: A Conversation with John Dalton

The Liberty Exchange
S02E09 -

Jonathan Fortier talks with John Dalton about his recent book, Creative Destruction, published by Lib​er​tar​i​an​ism​.org in 2024.

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John T. Dalton

John T. Dalton is an associate professor of economics at Wake Forest University in Winston-​Salem, North Carolina. His areas of expertise include international trade, growth and development, macroeconomics, economic history, and the life and economics of Joseph Schumpeter. He has been published in leading peer-​reviewed journals, including the Journal of International Economics, Economic Development and Cultural Change, Macroeconomic Dynamics, Southern Economic Journal, the Journal of Economic Education, and others. Dalton has been a visiting scholar at the Kiel Institute for the World Economy, the Chinese University of Hong Kong, and the Institute for Empirical Macroeconomics at the Federal Reserve Bank of Minneapolis. He has presented his work at seminars and conferences and in public talks around the world.

He first encountered Schumpeter as a teenage reader of Capitalism, Socialism and Democracy and has been wrestling with the ideas ever since. You can find more about Professor Dalton’s research and teaching here.

Jonathan Fortier

Jonathan Fortier is the director of Lib​er​tar​i​an​ism​.org. Over the past 25 years he has worked to promote the principles of a free society with many organizations, including Liberty Fund, the Institute for Humane Studies, and the Fraser Institute. He earned his MPhil and his doctorate at the University of Oxford.

Jonathan talks with John Dalton, Professor of Economics at Wake Forest University in North Carolina, about his book, Creative Destruction, published by Lib​er​tar​i​an​ism​.org in 2024. Jonathan and John discuss the work of Joseph Schumpeter, an Austrian economist who popularized the idea of creative destruction, and the important ways that Vienna served as a stimulating backdrop for early theorizing about market dynamism and cultural change. The conversation touches on many important themes central to free societies and competitive markets. They conclude with a consideration of case studies that help to illustrate the concept of creative destruction.

Creative Destruction on Amazon: https://​www​.ama​zon​.com/​C​r​e​a​t​i​v​e​-​D​e​s​t​r​u​c​t​i​o​n​-​I​n​t​r​o​d​u​c​t​i​o​n​-​J​o​h​n​-​D​a​l​t​o​n​/​d​p​/​1​9​5​2​2​23989

Creative Destruction book page: https://​www​.lib​er​tar​i​an​ism​.org/​b​o​o​k​s​/​c​r​e​a​t​i​v​e​-​d​e​s​t​r​u​c​t​i​o​n​-​i​n​t​r​o​d​u​ction

John T. Dalton’s website: https://​users​.wfu​.edu/​d​a​l​t​onjt/

John T. Dalton’s X account: https://x.com/JTDDalton