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

Pessimistic visions about almost anything always strike the public as more erudite than optimistic ones

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

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

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 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 ballot is stronger than bullets.