1. Show or hide comments about the document.

  2. Search over the document's text.

  3. Share the document through social networks or e-mail.

  4. After selecting an area on the page.

  5. ...you can:
    copy the text
    share the segment
    comment
    cite the document

Fall 2009
ISSN 0890-913X
Volume 25, Number 1

Using Video Clips to Teach Creative Destruction

Arthur M. Diamond, Jr., University of Nebraska at Omaha
Download Share e-mail
  • << Back to editing
  • Previous version by
  • << Older
  • Newer >>
  • Revert to this one
  • Edit
  • Fullscreen
  • Show comments
  •  
  •  
  •  
  •  
  • Zoom:
     
     
  • Page:  / 11
  •  
  •  
  •  
  • Line spacing:
     
     
  • Word spacing:
     
     
  • Search:FindClose
 
search results
 
 
 
 
 
 
 
 
 
 
 
612
792
1
0
/jpe/index.php?action=ajax&rs=GDMgetPage&rsargs[]=Fall2009 11.pdf&rsargs[]=0
EDUCATIONALNOTETheJournalofPrivateEnterprise25(1),2009,151-161UsingVideoClipstoTeachCreativeDestructionArthurM.Diamond,Jr.*UniversityofNebraskaatOmahaAbstractStoriesarememorableandconvincing.Onewaytoefficientlytellstoriesisthroughmovieandvideoclips.IsummarizeseveralvideoclipsthatmaybeusefulinteachingaspectsofSchumpetersimportanttheoryofcreativedestruction.Amongtheclipsdiscussedare:HughLauriesProtestSong,electriclightsegmentfromadocumentaryonthe1898Trans-MississippiExposition,eBayToyBoatAd,MissPrincessFunBrickAd,Moscowtoiletpaperqueuescene,theNewYorkcoffeeaislescenefromMoscowontheHudson,andPeckandDeVitosspeechesfromOtherPeoplesMoney.JELCodes:A2,O31,O43Keywords:Movies;Video;Creativedestruction;Innovation;SchumpeterI.IntroductionJosephSchumpeterisrightthatcreativedestructionistheessentialfactaboutcapitalism.1Andbecausecreativedestructionistheessentialfactaboutcapitalism,itisimportanttofindwaystoeffectivelycommunicatetheconcepttostudents.Formanyofusapictureisindeedworthathousandwords.Andacorollarymaybethatavideoisworthathousandpictures.*IfirstheardoftheeBayToyBoatAdfromapresentationbyRussellRoberts.MattHunteralertedmetothediscussionofSchumpeteronTheWestWing.EarlierversionsofthepaperwerepresentedattheannualmeetingsoftheAssociationofPrivateEnterpriseEducationinLasVegas,NV,onApril7,2008,andattheWorkshoponCreativeIdeasforTeachingEconomics,inTampa,FL,onFebruary6,2009.IappreciatethefeedbackfromJamesGwartney,JoeCalhoun,andothersessionparticipants.IamalsogratefulforhelpfulcommentsfromEdStringhamandtwoanonymousreferees.1ThecasethatcreativedestructionmattershasbeenmadeinDiamond2006,2007a,2007b,andforthcoming.151
GLIFOS-digital_archive