Want And Effective Demand Are Not The

The Capitalist Achievement Does Not Typically Consist In Providing More Silk Stocking For Queens But In Bringing Them Within The Reach Of Factory Girls In Return For A Steadily Decreasing Amount Of Effort.

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

We Always Plan Too Much And Always Think Too Little.

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.

The Essential Point To Grasp Is That In Dealing With Capitalism We Are Dealing With An Evolutionary Process