FastSaying
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 Schumpeter
Related Quotes
We always plan too much and always think too little.
— Joseph 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 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 Schumpeter
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.
— Joseph Schumpeter
Economic progress, in capitalist society, means turmoil.
— Joseph Schumpeter