Innovation

I read an article about Schumpeter one of the most famous economists.the article talked about the Schumpeter ’s theroy. One of  them is about the relationship between innvoation and developing of the world.

He thought the world was dveloping because of  innvoation; Big innovation followed by big changes. He gave the Industrial Revolution and electrinic Revolution as examples.

 But also he thought innvovation is why we have so many economic crisises. He explained that when we got a new thing to improve our situation, we expected more and more that the new thing can bring to us, while it could not. Therefore we made mistaken forecast on our future. we took all the resouces for taking advantage of the innovation and expecting it can give us a bigger rewards, then what did we get? We got nothing but economic crisises.

 Schumpeter  thought the innvoation would not be a so special thing for the world in the future, it will be a common state . People would always be creating or going to create. I think Schumpeter had a great forcast on this issue. I noticed that when we are talking about some famous scientists and economists and some other intelligent famous persons, we are always talking about the old people who had gone for really long time, like Newton or Watt , even Einstein is a person who lived more than 50 years ago. These people got a achivement that there is only tiny count of people can get in the whole history of  human being. And they are known by people all over the world. But now we are also doing a great job, there are excellent works are being done by lot of people everyday, and our world are going forward with a great speed that we never had before. But there is no special one is deserved to be called a ”Newton for nowadays” or ”Einstein for nowadays”, why? Because we have so many Newtons and Einsteins here, it is hard to find out who is so much more brilliant than the others. Let’s quote a line from president Obama as the end of this article,  this is ” a world was(is) connected by our own science and imagination”. That is right it is ”our” , not who , not somebody, it is all of us.