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

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.

The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced capitalism.

We always plan too much and always think too little. We resent a call to thinking and hate unfamiliar argument that does not tally with what we already believe or would like to believe.

We always plan too much and always think too little.

Why should we stunt our ambitions and impoverish our lives in order to be insulted and looked down upon in our old age?

The perennial gale of creative destruction