There exists no more democratic institution than the market

Innovation is the market introduction of a technical or organisational novelty, not just its invention.

Profit is the payment you get when you take advantage of change.

The modern mind dislikes gold because it blurts out unpleasant truths.

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.

The metal of economic theory is in Marx's pages immersed in such a wealth of steaming phrases as to acquire a temperature not naturally its own.

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