Joseph Schumpeter Quotes

It is not true that democracy will always safeguard freedom of conscience better than autocracy. Witness the most famous of all trials. Pilate was, from the standpoint of the Jews, certainly the representative of autocracy. Yet he tried to protect freedom. And he yielded to a democracy.

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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'

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Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.

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Our poverty will be brought home to us to its full extent only after the war.

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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.

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The ballot is stronger than bullets.

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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.

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