Queen Elizabeth owned silk stockings. The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within the reach of factory girls in return for steadily decreasing amount of effort.
Joseph A. Schumpeter Quotes
The question that is so clearly in many potential parents’ minds: ‘Why should we stunt our ambitions and impoverish our lives in order to be insulted and looked down upon in our old age?’
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Joseph A. Schumpeter (14)
Birth: | 8th February, 1883 |
Death: | 8th January, 1950 |
Nationality: | American, Austrian |
Profession: | Economist, Political Scientist, Politician |
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