A Quote by Joseph A. Schumpeter

Surely, nothing can be more plain or even more trite common sense than the proposition that innovation [...] is at the center of practically all the phenomena, difficulties, and problems of economic life in capitalist society.
Common sense! It's nothing more than common sense for the preservation of our culture, the preservation of our country, the preservation and growth of our economy. And yet Jim Acosta and Glenn Thrush - and everybody in the press corps and practically every other Democrat - hears this and the only reaction they have is, "No compassion! No compassion for the less fortunate! No compassion for the victims of the world!"
When we examine the opinions of men, we find that nothing is more uncommon than common sense; or, in other words, they lack judgment to discover plain truths or to reject absurdities and palpable contradictions.
When we examine the opinions of men, we find that nothing is more uncommon, than common sense; or, in other words, they lack judgment to discover plain truths, or to reject absurdities, and palpable contradictions.
More and more clearly every day, out of biology, anthropology, sociology, history, economic analysis, psychological insight, plain human decency and common sense, the necessary mandate of survival that we shall love all our neighbors as we do ourselves, is being confirmed and reaffirmed.
The investigation of causal relations between economic phenomena presents many problems of peculiar difficulty, and offers many opportunities for fallacious conclusions. Since the statistician can seldom or never make experiments for himself, he has to accept the data of daily experience, and discuss as best he can the relations of a whole group of changes; he cannot, like the physicist, narrow down the issue to the effect of one variation at a time. The problems of statistics are in this sense far more complex than the problems of physics.
The more you think about your own self, the more self-centred you are, the more trouble even small problems can create in your mind. The stronger your sense of 'I', the narrower the scope of your thinking becomes; then even small obstacles become unbearable. On the other hand, if you concern yourself mainly with others, the broader your thinking becomes, and life's inevitable difficulties disturb you less.
There is perhaps, nothing more likely to disturb the tranquillity of nations, than their being bound to mutual contributions for any common object that does not yield an equal and coincident benefit. For it is an observation as true, as it is trite, that there is nothing men differ so readily about as the payment of money.
Nothing is more dangerous than a dogmatic worldview - nothing more constraining, more blinding to innovation, more destructive of openness to novelty.
Rule-following, legal precedence, and political consistency are not more important than right, justice and plain common-sense.
Nothing is more fairly distributed than common sense: no one thinks he needs more of it than he already has.
It is more important that a proposition be interesting than that it be true. This statement is almost a tautology. For the energy of operation of a proposition in an occasion of experience is its interest and is its importance. But of course a true proposition is more apt to be interesting than a false one.
The Supreme Court said nothing about silliness, but I suspect it may play more of a role than one might suppose. People are, if anything, more touchy about being thought silly than they are about being thought unjust... Probably the first slave ship, with Negroes lying in chains on its decks, seemed commonsensical to the owners who operated it and to the planters who patronized it. But such a vessel would not be in the realm of common sense today. The only sense that is common, in the long run, is the sense of change.
Someone once said that innovation is a done idea. I agree. I believe that creativity is the individual development and conceptualization and that innovation in an organizational sense is implementing ideas and intentions that come from that creativity. So in a sense, creativity is more a leadership function and innovation is more a managerial function.
We live in an idiotic capitalist self-indulgent society where the sex life of a pop star is more important than impending starvation, land mines and child soldiers in Africa, or more interesting than the world's biggest man-made natural disaster in oil fields of the Middle East.
Yes, over the centuries economic progress has reduced some gross disparities - modern Americans are relatively unlikely to simply starve to death (though it can happen), so in that sense the gap between rich and poor has narrowed. But the question isn't whether society is, in some sense, more equal than it was in 1900. It's whether it is radically more unequal than it was in 1970. And of course it is.
Our best theories are not only truer than common sense, they make more sense than common sense...
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