Nothing Is So Retentive As A Nation's

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

The Perennial Gale Of Creative Destruction

Geniuses And Prophets Do Not Usually Excel In Professional Learning, And Their Originality, If Any, Is Often Due Precisely To The Fact That They Do Not.

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.

This Civilization Is Rapidly Passing Away, However. Let Us Rejoice Or Else Lament The Fact As Much As Everyone Of Us Likes; But Do Not Let Us Shut Our Eyes To It.