Nothing Is So Retentive As A Nation's

We Always Plan Too Much And Always Think Too Little.

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.

To Realize The Relative Validity Of One's Convictions And Yet Stand For Them Unflinchingly Is What Distinguishes A Civilized Man From A Barbarian.

Recognition Of The Inevitability Of Comprehensive Bureaucratization Does Not Solve The Problems That Arise Out Of It.

The Capitalist Engine Is First And Last An Engine Of Mass Production Which Unavoidably Also Means Production For The Masses. . . . It Is The Cheap Cloth, The Cheap Cotton And Rayon Fabric, Boots, Motorcars And So On That Are The Typical Achievements Of Capitalist Production, And Not As A Rule Improvements That Would Mean Much To The Rich Man. Queen Elizabeth Owned Silk Stockings. The Capitalist Achievement Does Not Typically Consist In Providing More Silk Stockings For Queens But In Bringing Them Within Reach Of Factory Girls.