It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon Adam Smith's argument about joint stock companies which, also, were simply false. (Joseph Schumpeter)

It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon Adam Smith's argument about joint stock companies which, also, were simply false.

Joseph Schumpeter

Related topics

adam argument false future inferiority joint plan possible quite socialist stock

Related quotes