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Creative Quotations from . . .
Joseph A. Schumpeter
(1883-1950) born on
Feb 08
Moravian-US economist, sociologist. He was well known for his theories of capitalist development and business cycles.
         
   
F
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?"

R
We always plan too much and always think too little.
A
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.
N
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
K
Entrepreneurial profit. . . is the expression of the value of what the entrepreneur contributes to production.
 
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Published Sources for the above Quotations:
F: "Capitalism, Socialism and Democracy," ch. 14, 1942.
R: In <a href="http://www.cyber-nation.com/cgi-bin/victory/quotations/qlreferral/quotelib.pl?id=10115">The Ultimate Success Quotations Library</a>, 1997.
A: "Capitalism, Socialism and Democracy," ch. 11, 1942.
N: "Capitalism, Socialism and Democracy," ch. 18, 1942.
K: "The Theory of Economic Development," ch. 4, 1934.
   


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