The First Thing A Man Will Do

The Function Of Entrepreneurs Is To Reform Or Revolutionize The Pattern Of Production By Exploiting An Invention Or, More Generally, An Untried Technological Possibility For Producing A New Commodity Or Producing An Old One In A New Way, By Opening Up A New Source Of Supply Of Materials Or A New Outlet For Products, By Reorganizing An Industry And So On.

In Economic Life Competition Is Never Completely Lacking, But Hardly Ever Is It Perfect.

The First Thing A Man Will Do For His Ideals Is Lie.

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.

Surely, Nothing Can Be More Plain Or Even More Trite Common Sense Than The Proposition That Innovation [...] Is At The Center Of Practically All The Phenomena, Difficulties, And Problems Of Economic Life In Capitalist Society.