Schumpeter’s ‘Vision’ and the Teaching of Principles of Economics to Resource Students * *A poster on this topic was presented at a special session on Teaching Ideas and Projects at the American Economics Association meetings, San Francisco, 2–5 January 2009, and an earlier version of this paper was presented to a special session on The Education of an Economist at the 50th anniversary conference of the New Zealand Association of Economists, Wellington, 1–3 July 2009. The author is grateful for feedback received from participants on those occasions and also for the insightful comments from Gillis Maclean, Ross Guest and two anonymous referees for this journal.