It Is Quite Possible That Future Generations

Economic Progress, In Capitalist Society, Means Turmoil.

It Is Not True That Democracy Will Always Safeguard Freedom Of Conscience Better Than Autocracy. Witness The Most Famous Of All Trials. Pilate Was, From The Standpoint Of The Jews, Certainly The Representative Of Autocracy. Yet He Tried To Protect Freedom. And He Yielded To A Democracy.

The Spirit Of A People, Its Cultural Level, Its Social Structure, The Deeds Its Policy May Prepare—all This And More Is Written In Its Fiscal History, Stripped Of All Phrases. He Who Knows How To Listen To Its Message Here Discerns The Thunder Of World History More Clearly Than Anywhere Else.

Innovations Are Changes Which Cannot Be Decomposed Into Infinitessimal Steps.

Innovation Is The Market Introduction Of A Technical Or Organisational Novelty, Not Just Its Invention.