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Random Quote
"The most unpardonable sin in society is independence of thought."
Emma Goldman
Joseph A. Schumpeter Quotes
Bureaucracy is not an obstacle to democracy but an inevitable complement to it.
Joseph A. Schumpeter

Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest.
Joseph A. Schumpeter

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.
Joseph A. Schumpeter

Economic progress, in capitalist society, means turmoil.
Joseph A. Schumpeter

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

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.
Joseph A. Schumpeter

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.
Joseph A. Schumpeter

The ballot is stronger than bullets.
Joseph A. Schumpeter

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.
Joseph A. Schumpeter

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?"
Joseph A. Schumpeter

Type:
Economist
Date of Birth:
1883-02-08
Year of Death:
1950
Nationality:
American
 

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