What did Joseph A. Schumpeter mean by: Profit is the payment you get when you take advantage of change. - Joseph A. Schumpeter Economist · Austria Copy
+ At the heart of capitalism is creative destruction. Feraz Zeid, July 29, 2023December 12, 2023, Joseph A. Schumpeter, Creative, Destruction, Heart, 0 - Joseph A. Schumpeter Economist · Austria
+ In economic life competition is never completely lacking, but hardly ever is it perfect. Feraz Zeid, January 12, 2024January 12, 2024, Joseph A. Schumpeter, Competition, Economic, Perfect, 0 - Joseph A. Schumpeter Economist · Austria
+ Nothing is so treacherous as the obvious. Feraz Zeid, October 13, 2023December 26, 2023, Joseph A. Schumpeter, Obvious, 0 - Joseph A. Schumpeter Economist · Austria
+ Bureaucracy is not an obstacle to democracy but an inevitable complement to it. Feraz Zeid, January 12, 2024January 12, 2024, Joseph A. Schumpeter, Democracy, Obstacles, Rebellious, 0 - Joseph A. Schumpeter Economist · Austria
+ Creative Destruction is the essential fact about capitalism. Feraz Zeid, June 29, 2023December 12, 2023, Joseph A. Schumpeter, Creative, Essentials, Fact, 0 - Joseph A. Schumpeter Economist · Austria
+ We always plan too much and always think too little. Feraz Zeid, July 18, 2023December 12, 2023, Joseph A. Schumpeter, Business, 0 - Joseph A. Schumpeter Economist · Austria
+ The stock exchange is a poor substitute for the Holy Grail. Feraz Zeid, August 16, 2023December 12, 2023, Joseph A. Schumpeter, Poor, Substitutes, 0 - Joseph A. Schumpeter Economist · Austria
+ Gentlemen, a depression is for capitalism like a good, cold douche. Feraz Zeid, January 12, 2024January 12, 2024, Joseph A. Schumpeter, Cold, Gentleman, 0 - Joseph A. Schumpeter Economist · Austria
The tax code gives you an enormous advantage if you can find some things you can just sit with. Explain - Charlie Munger Business person
The art of using moderate abilities to advantage often brings greater results than actual brilliance Explain - François de La Rochefoucauld Writer · France
Capitalism believes that its remit is exclusively to make maximum short-term profits. - Jeremy Grantham Financier
America can no longer afford to get the Nobel Prizes while our competitors get the profits. - William J. Clinton Politician · USA
He that would be a great man must learn to turn every accident to some advantage. Explain - François de La Rochefoucauld Writer · France
There are no accidents so unlucky but the prudent may draw some advantage from them. Explain - François de La Rochefoucauld Writer · France
