The cold metal of economic theory is in Marx's pages immersed in such a wealth of steaming phrases as to acquire a temperature not naturally its own
J A Schumpeter quote The question that is so clearly in many potential parents minds: 'Why should we stunt our ambitions and impoverish our lives in order to be insulted and looked down upon in our old age?'
J A Schumpeter quote Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
J A Schumpeter quote The ballot is stronger than bullets.
J A Schumpeter quote The evolution of the capitalist style of life could be easily - and perhaps most tellingly - described in terms of the genesis of the modern Lounge Suit.
J A Schumpeter quote For the duration of its collective life, or the time during which its identity may be assumed, each class resembles a hotel or an omnibus, always full, but always of different people.
J A Schumpeter quote Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
J A Schumpeter quote Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political - legislative and administrative - decisions and hence incapable of being an end in itself.
J A Schumpeter quote Biography
American economist
