Joseph Schumpeter Essay Topics

Shipping Market Cycles

Comments of this sort appear time and again in shipping market commentaries and they make shipping investors sound short-sighted and incompetent as they scramble to over-order ships, triggering yet another recession. But appearances can be deceptive. Despite the industry’s apparent inability to learn from history, its performance in providing transport has been excellent (see Chapter… View Article

Lee Byung-Chull, founder of Samsung

In 1938 Lee founded the Samsung Trading Company which was the grounding stone of his soon-to-be empire. He was born 1910 in Uiryeong in Korea and his first attempt as an entrepreneur was in 1936 when he founded a rice mill which didn’t go very well. His second attempt, the Samsung Trading Company which traded… View Article