Moravian-US "economist, sociologist".
He was well known for his theories of capitalist development and business cycles.
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?""
We always plan too much and always think too little.
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.
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
Entrepreneurial profit. . . is the expression of the value of what the entrepreneur contributes to production.