The perception of poverty as morally intolerable in a rich society had to await the emergence of a rich society

The perception of poverty as morally intolerable in a rich society had to await the emergence of a rich society

Innovation often originates outside existing organizations, in part because successful organizations acquire a commitment to the status quo and a resistance to ideas that might change it

The English practice of accommodating the rules of commercial law to commercial practice. The line of causation ran from economic need to legal response

Experimentation has been the key factor in the success of Western capitalism