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This quiz consists of 5 multiple choice and 5 short answer questions through The Contradictions of Joseph Schumpeter.

Multiple Choice Questions

1. The time period Veblen analyzes is referred to as __________. (fill in the blank)
(a) The Great Depression.
(b) The Golden Age of America.
(c) The Victorian Period.
(d) The Roaring Twenties.

2. Francis Ysidro Edgeworth was a graduate of what university?
(a) Oxford.
(b) Yale.
(c) Harvard.
(d) The School of Economic Thought.

3. Hobson's views fit right into the views of whom?
(a) Lenin.
(b) Hitler.
(c) Churchill.
(d) Stalin.

4. According to Schumpeter, a(n) __________ of some sort results in a flow of income that does not come from labor or other resource owners.
(a) Theory.
(b) Disaster.
(c) Investment.
(d) Innovation.

5. Most of the featured economists could never master _________. (fill in the blank)
(a) Their personal lives.
(b) The social world.
(c) Wall Street.
(d) Their personal finances.

Short Answer Questions

1. Adam Smith was considered a non-conformist because he refused to do what before classes?

2. What was the title of Adam Smith's first book?

3. Where was New Harmony located?

4. What is production dependent upon?

5. Charles Fourier is classified as _________. (fill in the blank)

(see the answer key)

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