Entrepreneurial Profit Is The Expression

Pessimistic Visions About Almost Anything Always Strike The Public As More Erudite Than Optimistic Ones

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.

The Religious Quality Of Marxism Also Explains A Characteristic Attitude Of The Orthodox Marxist Toward Opponents. To Him, As To Any Believer In A Faith, The Opponent Is Not Merely In Error But In Sin. Dissent Is Disapproved Of Not Only Intellectually But Also Morally. There Cannot Be Any Excuse For It Once The Message Has Been Revealed.

Democracy Is A Political Method, That Is To Say, A Certain Type Of Institutional Arrangement For Arriving At Political — Legislative And Administrative — Decisions And Hence Incapable Of Being An End In Itself.

The Perennial Gale Of Creative Destruction