All we can thus far say about the duration of the units of [the business cycle] and each of [its] two phases is that it will depend on the nature of the particular innovations that carry a cycle,... and the financial conditions and habits prevailing in the business community in each case. (Joseph Schumpeter)

All we can thus far say about the duration of the units of [the business cycle] and each of [its] two phases is that it will depend on the nature of the particular innovations that carry a cycle,... and the financial conditions and habits prevailing in the business community in each case.

Joseph Schumpeter

Related topics

business carry case community cycle duration far nature particular say thus conditions

Related quotes

Art owes its origin to Nature herself... this beautiful creation, the world, supplied the first model, while the original teacher was that divine intelligence which has not only made us superior to the other animals, but like God Himself, if I may venture to say it.

Giorgio Vasari

The British have been particularly shy about the issues of financial regulation, and attentive only to the interests of the City - hence their reluctance to see the introduction of a tax on financial transactions and tax harmonisation in Europe.

François Hollande

I believe the accepted model of capitalism that demands endless growth deserves the blame for the destruction of nature, and it should be displaced. Failing that, I try to work with those companies and help them change the way they think about our resources.

Yvon Chouinard

I have found little that is "good" about human beings on the whole. In my experience most of them are trash, no matter whether they publicly subscribe to this or that ethical doctrine or to none at all. That is something that you cannot say aloud, or perhaps even think.

Sigmund Freud

All that stuff about heavy metal and hard rock, I don't subscribe to any of that. It's all just music. I mean, the heavy metal from the Seventies sounds nothing like the stuff from the Eighties, and that sounds nothing like the stuff from the Nineties. Who's to say what is and isn't a certain type of music?

Ozzy Osbourne