Capitalism Inevitably And By Virtue

The Success Of Everything Depends On Intuition, The Capacity Of Seeing Things In A Way Which Afterwards Proves To Be True, Even Though It Cannot Be Established At The Moment, And Of Grasping The Essential Fact, Discarding The Unessential, Even Though One Can Give No Account Of The Principles By Which This Is Done.

The First Thing A Man Will Do For His Ideals Is Lie.

Geniuses And Prophets Do Not Usually Excel In Professional Learning, And Their Originality, If Any, Is Often Due Precisely To The Fact That They Do Not.

Situations Emerge In The Process Of Creative Destruction In Which Many Firms May Have To Perish That Nevertheless Would Be Able To Live On Vigorously And Usefully If They Could Weather A Particular Storm.

The Strategic Stimulus To Economic Development In Schumpeter's Analysis Is Innovation, Defined As The Commercial Or Industrial Application Of Something New---a New Product, Process Or Method Of Production, A New Market Or Source Of Supply, A New Form Of Commercial, Business Or Financial Organization.