Situations Emerge In The Process Of Creative

Profit Is The Payment You Get When You Take Advantage Of Change.

Nothing Is So Retentive As A Nation's Memory.

Nothing Is So Treacherous As The Obvious.

Access To The National Dividend Is Usually To Be Had Only On Condition Of Some Productive Service Previously Rendered Or Of Some Product Previously Sold. This Condition Is, In This Case, Not Yet Fulfilled. It Will Be Fulfilled Only After The Successful Completion Of The New Combinations. Hence This Credit Will In The Meantime Affect The Price Level.

Bureaucracy Is Not An Obstacle To Democracy But An Inevitable Complement To It.