The Perennial Gale Of Creative

It Is, After All, Only Common Sense To Realize That, But For The Fact That Economic Life Is A Process Of Incessant Internal Change, The Business Cycle, As We Know It, Would Not Exist.

Things Economic And Social Move By Their Own Momentum And The Ensuing Situations Compel Individuals And Groups To Behave In Certain Ways Whatever They May Wish To Do-not Indeed By Destroying Their Freedom Of Choice But By Shaping The Choosing Mentalities And By Narrowing The List Of Possibilities From Which To Choose.

Those Revolutions Are Not Strictly Incessant; They Occur In Discrete Rushes Which Are Separated From Each Other By Spans Of Comparative Quiet. The Process As A Whole Works Incessantly However, In The Sense That There Always Is Either Revolution Or Absorption Of The Results Of Revolution, Both Together Forming What Are Known As Business Cycles.

The Trouble With Russia Is Not That She Is Socialist But That She Is Russia.

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.